Question
Assume that an auditor sets the following parameters for a test of controls: ARACR 5% TER 7% EPER 2% Based upon performing the test, the
Assume that an auditor sets the following parameters for a test of controls:
ARACR 5%
TER 7%
EPER 2%
Based upon performing the test, the auditor determines that there are 4 exceptions in the sample. What would the auditor conclude regarding the control? Is it working or not working? Explain. Use a diagram (bell curve) to illustrate. The illustration should show the ARACR, the TER and the CUER.
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Factory Business System Audit Lean Manufacturing
Authors: Rolf Thorsten
1st Edition
1091908583, 978-1091908581
