Question
An auditor performs attribute sampling to test for proper cancellation of payment vouchers. In a sample population of 100, two vouchers are missing the proper
An auditor performs attribute sampling to test for proper cancellation of payment vouchers. In a sample population of 100, two vouchers are missing the proper cancellation, while one simply cannot be located. The error rate of the sample is
(A) Cannot be determined without knowing standard deviation.
(B) 3%
(C) 2%
(D) 4%
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Fundamental Accounting Principles
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
17th Edition
0072946601, 9780072946604
