All other factors being equal,as the risk of incorrect acceptance and tolerable misstatement increase,the sample size will:
A)Not be affected.
B)Increase.
C)Decrease.
D)Cannot determine from the information given.

Question

Quizplus · Accepted Answer

As the risk of incorrect acceptance and tolerable misstatement increase, the auditor can accept a larger margin of error, which allows for a smaller sample size.

All Other Factors Being Equal,as the Risk of Incorrect Acceptance