Each definition may be used once or not at all. Select the closest definition (or portion of a definition) for each term 1. A classical variables sampling plan enabling the auditors to estimate the average dollar value (or 2 A defined rate of departure from prescribed controls. Also referred to as occurrence rate or exception 3. A sampling plan enabling the auditors to estimate the rate of deviation (occurrence) in a population Definition (or Partial Definition) other variable) of items in a population by determining the average value of items in a sample rate 4. A sampling plan for locating at least 1 deviation, providing that the deviation occurs in the population 5. A sampling plan in which the sample is selected in stages, with the need for each subsequent stage 6. Also referred to as precision, an interval around the sample results in which the true population 7. An estimate of the most likely amount of monetary misstatement in a population 9. The maximum population rate of deviations from a prescribed control that the auditors will accept 10.The possibility that the assessed level of control risk based on the sample is less than the true 11.The possibility that the assessed level of control risk based on the sample is greater than the true 12.The risk that sample results will indicate that a population is materially misstated when, in fact, it is 13.The risk that sample results will indicate that a population is not materially misstated when, in fact, it is 14.The risk that the auditors' conclusion based on a sample might be different from the conclusion they with a specified frequency being conditional on the results of the previous stage characteristic is expected to lie The complement of the risk of incorrect acceptance without modifying the planned assessment of control risk operating effectiveness of the controls operating effectiveness of the control not. materially misstated would reach if the test were applied to the entire population. Definition (or Partial Definition) Term a. Allowance for sampling risk b. Deviation rate C. Discovery sampling d. Projected misstatement e. Reliability f. Risk of assessing control risk too lovw g. Risk of incorrect acceptance h.|Sampling risk i. Tolerable deviation rate