Define expected rate of deviation.
A)It is the rate at which the auditor expects controls to not function as planned.
B)It is the maximum rate of deviation from a prescribed control that an auditor is willing to accept.
C)It is the rate that represents the confidence that the evidence obtained is representative of the underlying population from which the sample was taken.
D)It is similar to the actual rate of deviation in the population.

Question

Quizplus · Accepted Answer

The expected rate of deviation is the rate at which the auditor expects controls to not function as planned, reflecting the auditor's anticipation of control failures before testing.

Define Expected Rate of Deviation