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9 Cards in this Set
- Front
- Back
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Allowance for Sampling Risk calculation |
Upper Precision Limit - Sample Error Rate |
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Accounting and Review Services Committee |
authoritative body for private companies with unaudited FS |
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define Stated Control Objective |
specific control objective by management that, if achieved, would result in the material weakness no longer existing |
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when is Ratio Estimating Sampling used? |
when the calculated audit amounts are approximately proportional to client's book amounts |
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what is the "cooling-off" period |
1 year |
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when to Increase Risk of Incorrect Rejection |
when the cost and effort of selecting additional sample items are low |
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PCAOB oversees |
International Federation of Accountants |
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only ____________ matters are relevant to auditor's report |
MATERIAL |
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what is an Integrated Test Facility |
uses auditor data and client's program |
