The procedures for statistical evaluation of tests of controls with the AICPA Sample Evaluation Tables would not include the following step:
A)Identify the population deviation rate.
B)Identify the sample size in the left margin.
C)Identify the number of actual deviations for the sample size.
D)Identify the upper limit rate of deviation given the sample size and number of deviations.

Question

Quizplus · Accepted Answer

The procedures for statistical evaluation of tests of controls using the AICPA Sample Evaluation Tables do not include identifying the population deviation rate. Instead, they focus on evaluating the sample size, actual deviations, and calculating the upper limit rate of deviation.

The Procedures for Statistical Evaluation of Tests of Controls with the AICPA