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 rate of control procedure failure
C)Expected rate of control procedure failure
D)Auditor's allowable risk of assessing control risk too low

Question

Quizplus · Accepted Answer

While the auditor should consider the expected rate of control procedure failure (C) and the auditor's allowable risk of assessing control risk too low (D) in planning an audit sample, the minimum rate of control procedure failure is not a relevant factor. The auditor's objective of the test (A) should also be considered in determining the appropriate sample size and selection.

Which One of the Following Issues Need Not Be Addressed