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Discuss the terms relevant reliable and sufficient

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Reference no: EM131565768

1. Discuss the terms 'Relevant', 'Reliable' and 'Sufficient' as they relate to 'Audit Evidence'.

2. Why do auditors use sampling in their work? Briefly explain what you understand by 'Sampling Risk' and 'Non-Sampling Risk'.

Answer should be approximately 150 words length with Time New Roman 12 point font.

Reference no: EM131565768

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