Meaning of the statistical results in auditing terms, Auditing

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Meaning of the statistical results in auditing terms

Response to the following problem:

Assume that the auditor has selected 100 sales invoices from a population of 100,000 to test for an indication of internal verification of pricing and extensions. Determine the CUER at a 10% ARO if four exceptions are found in the sample using attributes sampling.

Explain the meaning of the statistical results in auditing terms.

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Auditing: Meaning of the statistical results in auditing terms

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