The auditor uses professional judgment to estimate
A)the risk of underreliance
B)the sample interval
C)the desired control risk
D)the expected deviation rate
E)the actual deviation rate

Question

Quizplus · Accepted Answer

The expected deviation rate is based on the auditor's professional judgment and assessment of the control environment, and is used to determine the sample size and sampling approach for the audit. The other options are either determined by the client or are based on the results of the audit testing.

The Auditor Uses Professional Judgment to Estimate