What sample size should the auditor use

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Problem

The auditor plans to select a sample from a population of 10,000 transactions, based on the following information: (i) the confidence level is 95 percent. (ii) the tolerable deviation rate (TDR) is 8 percent. (iii) the expected deviation rate (EDR) is 2 percent. (iv) the industry average internal control risk is 4 percent. Get the instant assignment help. What sample size should the auditor use?

Reference no: EM133972209

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