In the audit of the Joan Company, the auditor specifies 10 attributes of interest. The statistical parameters
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In the audit of the Joan Company, the auditor specifies 10 attributes of interest. The statistical parameters for each condition and the number of deviations found in the sample are as follows:
Required
a. Assuming a large population, determine the sample size for each attribute.
b. Rounding sample size down to the nearest sample size in the tables in Figure 11-8,
determine the upper deviation limit for each attribute.
c. Determine the allowance for sampling risk for each attribute.
d. Identify the controls that support the auditor's planned control risk.
e. Identify the controls that do not support the auditor's planned control risk.
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