The deviation rate in a representative sample is the:
A) number of items in the population containing a particular attribute.
B) auditor's best estimate of the deviation rate.
C) auditor's calculation of the error rate in the population.
D) none of the above

Question

Quizplus · Accepted Answer

The deviation rate in a representative sample is the auditor's best estimate of the deviation rate in the population. It is based on the auditor's sample testing and evaluation of the sample results, and it provides an estimate of the actual deviation rate in the population. Option A is incorrect because it refers to the number of items in the population with a particular attribute, which is not the same as the deviation rate. Option C is incorrect because it refers to the auditor's calculation of the error rate in the population, which is also not the same as the deviation rate. Option D is incorrect because there is a correct answer in this case.

The Deviation Rate in a Representative Sample Is The