The sample size can be determined once the auditor specifies
A)the tolerable rate of exceptions
B)the actual rate of deviation
C)the desired level of reliability
D)the expected rate of deviation
E)the tolerable rate of deviation
F)both A and B
G)both C and D
H)Both D and E

Question

Quizplus · Accepted Answer

The sample size is determined by the expected rate of deviation (D) and the tolerable rate of deviation (E), as these factors help in assessing the risk and precision needed in the audit.

The Sample Size Can Be Determined Once the Auditor Specifies