Question
Determine the sample size for each of the control procedures shown in the following table (assuming a very large population) using the Table 8-5 and
Determine the sample size for each of the control procedures shown in the following table (assuming a very large population) using the Table 8-5 and 8-6 above.
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| Control Procedure |
| ||||||||||
| Parameters | 1 |
| 2 |
| 3 |
| 4 | |||||
| Risk of incorrect acceptance | 10 | % |
| 10 | % |
| 5 | % |
| 5 | % | |
| Tolerable deviation rate | 5 | % |
| 10 | % |
| 4 | % |
| 5 | % | |
| Expected population deviation rate | 1.00 | % |
| 0.50 | % |
| 0.00 | % |
| 1.25 | % | |
| Sample size |
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AML Auditing Understanding Securities Lending What Every AML KYC Auditor Should Know
Authors: Bob Walsh
1st Edition
1539534588, 978-1539534587
