Solved

An Auditor Who Uses Statistical Sampling for Attributes in Testing

Question 46

Multiple Choice

An auditor who uses statistical sampling for attributes in testing internal controls should reduce the planned reliance on a prescribed control when the


A) sample rate of deviation plus the allowance for sampling risk equals the tolerable rate of deviation.
B) sample rate of deviation is less than the expected rate of deviation used in planning the sample.
C) tolerable rate less the allowance for sampling risk exceeds the sample rate of deviation.
D) sample rate of deviation plus the allowance for sampling risk exceeds the tolerable rate of deviation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents