When using classical variables sampling for estimation an, Ask an Expert

Accounting

When using classical variables sampling for estimation, an auditor normally evaluates the sampling results by calculating the possible misstatement in either direction. This statistical concept is known as :

A. Reliability.

B. Projected misstatement.

C. Precision.

D. Standard deviation.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9407058

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