An auditor uses sampling tables to determine planned sample size for a test of controls. If they specify a risk of assessing control risk too low of five per cent and a tolerable deviation rate of six per cent and expects no deviations, the planned sample size should be: (Use the following table to determine your answer.)
Number of factors for sampling risks of:
A) 60.
B) 50.
C) 18.
D) Some other amount.
Correct Answer:
Verified
Q21: Which of the following is appropriate in
Q22: An underlying feature of random selection of
Q23: In determining the sample size for a
Q24: When planning a sample for a substantive
Q25: An auditor selecting a sample may use
Q27: An auditor planning tests of controls specifies
Q28: The tolerable deviation rate for a test
Q29: In audit sampling for substantive testing, a
Q30: When performing a test of controls with
Q31: An auditor planning tests of controls specifies
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