An auditor who uses statistical sampling for a test of controls, should consider raising the assessed level
Question:
An auditor who uses statistical sampling for a test of controls, should consider raising the assessed level of control risk when the
a. Sample rate of deviations is less than the expected rate of deviation used in planning the sample.
b. Planned tolerable rate less the allowance for sampling risk exceeds the sample rate of deviation.
c. Sample rate of deviation plus the allowance for sampling risk exceeds the planned tolerable rate.
d. Sample rate of deviation plus the allowance for sampling risk equals the planned tolerable rate.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing Integrated Concepts And Procedures
ISBN: 9781260299397
5th Edition
Authors: Donald H. Taylor, G. William Glezen
Question Posted: