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A 65 B 78 C 60 D 96 A 30 B 142 C 122 D54 An auditor planning tests of controls specifies a risk of
A 65
B 78
C 60
D 96
A 30
B 142
C 122
D54
An auditor planning tests of controls specifies a risk of assessing control risk too low of 10% and a tolerable deviation rate of 5% and expects one deviation. Given these specifications, calculate wha the planned sample size should be: (Use the following table to determine your answer.) Number of factors for sampling risks of: Deviations 10% 5% 0 2.4 3.0 1 3.9 4.8 N 5.3 6.3 3 6.7 7.8 Question 3 1 pts An auditor is planning the confirmation of accounts receivable. The total of debit balances in the trial balance of receivables is $1.8 million. The auditor has decided that the tolerable misstatement for this sample is $80 000, the risk of incorrect acceptance is 10% and two errors are expected. There are 8000 customer balances. Given this information, calculate what the estimated sample size should be for this auditor: (Use the following table to determine your answer.) Number of risk of incorrect acceptance: Occurrences 10% 5% 0 2.4 3.0 1 3.9 4.8 2 5.4 6.3 3 6.7 7.8 An auditor planning tests of controls specifies a risk of assessing control risk too low of 10% and a tolerable deviation rate of 5% and expects one deviation. Given these specifications, calculate wha the planned sample size should be: (Use the following table to determine your answer.) Number of factors for sampling risks of: Deviations 10% 5% 0 2.4 3.0 1 3.9 4.8 N 5.3 6.3 3 6.7 7.8 Question 3 1 pts An auditor is planning the confirmation of accounts receivable. The total of debit balances in the trial balance of receivables is $1.8 million. The auditor has decided that the tolerable misstatement for this sample is $80 000, the risk of incorrect acceptance is 10% and two errors are expected. There are 8000 customer balances. Given this information, calculate what the estimated sample size should be for this auditor: (Use the following table to determine your answer.) Number of risk of incorrect acceptance: Occurrences 10% 5% 0 2.4 3.0 1 3.9 4.8 2 5.4 6.3 3 6.7 7.8Step by Step Solution
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