An auditor is conducting an attribute sampling application to test the effectiveness of a particular control. The following rates have been determined sample deviation rate: 5%, tolerable deviation rate: 5%, and allowance for sampling risk: 5%. Which of the following is true:

An auditor is conducting an attribute sampling application to test the effectiveness of a particular control. The following rates have been determined sample deviation rate: 5%, tolerable deviation rate: 5%, and allowance for sampling risk: 5%. Which of the following is true:

Since the tolerable deviation rate exceeds the sample deviation rate, the auditor may not rely on the control

Since the tolerable deviation rate is less than the sample deviation rate plus the allowance for sampling risk, the auditor may rely on the control

Since the tolerable deviation rate is less than the sample deviation rate plus the allowance for sampling risk, the auditor may not rely on the control

Since the tolerable deviation rate exceeds the sample deviation rate, the auditor may rely on the control