Explain how it is possible for an auditor to use sampling, Financial Management

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Explain how it is possible for an auditor to use sampling

Explain how it is possible for an auditor to use sampling procedures to conclude whether the population of internal control procedures or transactions recorded on the balance sheet or profit and loss statement are materially correct. What characteristics of audit sampling make it possible to use a sample as evidence instead of reviewing 100% of the population?

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Financial Management: Explain how it is possible for an auditor to use sampling

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Financial Management: Explain how it is possible for an auditor to use sampling

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