Which risk of incorrect acceptance too low relate to the

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Reference no: EM132775462

Problem 1: The risk of incorrect acceptance and the risk of assessing control risk too low relate to the

A. Preliminary estimates of materiality levels

B. Efficiency of the audit

C. Allowable risk of tolerable error

D. Effectiveness of the audit

Problem 2: An auditor is preparing to sample accounts receivable for overstatement. A statistical sampling method that automatically provides stratification when using systematic selection is

A. Attribute sampling. C. Probability proportionate to size sampling.

B. Ratio-estimation sampling. D. Mean-per-unit (MPU) sampling.

Reference no: EM132775462

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