As the auditor, you are assessing the proper sample size to use in testing controls. When using attributes sampling, which of the following is most correct?
A) A 10% change in population size will have the least effect on sample size.
B) A 10% change in the tolerable deviation rate will have the least effect on sample size.
C) A 10% change in the expected deviation rate will have the least effect on sample size.
D) A 10% change in the tolerable deviation rate will have the most effect on sample size.
Correct Answer:
Verified
Q140: As the auditor performs statistical procedures and
Q141: In selecting the sample, probabilistic methods must
Q142: There are 14 steps to attributes sampling,
Q143: Because attributes sampling is a statistical sampling
Q144: In using sampling distribution for attributes, which
Q146: In attributes sampling, an estimate of the
Q147: When evaluating the results of attributes sampling,
A)
Q148: Statistical sampling eliminates any professional judgment for
Q149: When deciding the acceptability of the population,
A)
Q150: When planning the sample,
A) auditors using attributes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents