DISCOVERY SAMPLING Definition

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DISCOVERY SAMPLING is sampling to determine whether internal control compliance is greater than or less than the tolerable deviation rate when the expected attribute occurrence rate is zero.

Learn new Accounting Terms

VET, VETTED, VETTING is to make a careful and critical examination of someone or something, e.g. a person prior to employment.

COA, in accounting, means Chart Of Accounts or Cost of Acquisition.

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