Which one of the following issues need not be addressed when planning an audit sample to test control procedures?
A)Audit objective of the test.
B)Minimum failure rate.
C)Expected population deviation rate.
D)Auditor's allowable risk of assessing control risk too low.

Question

Quizplus · Accepted Answer

The minimum failure rate is not relevant to planning an audit sample for testing control procedures. The other options are critical factors in determining an appropriate sample size and selection to achieve the audit objective while minimizing the risk of misstatement.

Which One of the Following Issues Need Not Be Addressed