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Your superior would like a confidence level of 99 how does

Question - You have been placed in charge of determining the sample size for an audit of accounts receivable. Your superior would like a confidence level of 99%. How does this affect your determination of sample size as compared to a confidence level of 95%? What can you infer about the level of risk of incorrect acceptance that your superior is willing to accept?

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Accounting Basics: Your superior would like a confidence level of 99 how does

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