Question
Assume the risk of assessing control risk too low is 5% and the tolerable deviation rate is 5%. the auditor selects a sample of 60
Assume the risk of assessing control risk too low is 5% and the tolerable deviation rate is 5%. the auditor selects a sample of 60 items and finds 1 deviation. What is the computed upper deviation rate?
Group of answer choices
5.7
7.7
8.7
6.7
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
18th edition
1260190080, 1260190083, 978-1259917059
