You have just been given the approval to conduct statistical sampling for the audit of capital assets acquisitions.Previously,this work was completed using a judgmental sample.
Required:
Explain the key areas where decisions need to be made when conducting audit work using a statistical sample.

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The Answer of You have just been given the approval to conduct statistical sampling for the audit of capital assets acquisitions.Previously,this work was completed using a judgmental sample.
Required:
Explain the key areas where decisions need to be made when conducting audit work using a statistical sample.

You Have Just Been Given the Approval to Conduct Statistical