Question
In performing a test of a control last year, the auditors specified a tolerable deviation rate of 15 percent. This year the auditors have specified
In performing a test of a control last year, the auditors specified a tolerable deviation rate of 15 percent. This year the auditors have specified a tolerable deviation rate of 10 percent. Assuming that all other factors remain the same, which of the following is true regarding the relationship between this year's sample size compared to last year's sample size?
Because the tolerable deviation rate increased - This year's sample is smaller than last year's sample.
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Even though the tolerable deviation rate changed -This year's sample is indeterminate in relation to last year's sample.
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Even though the tolerable deviation rate changed -This year's sample is equal to last year's sample.
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Because the tolerable deviation rate decreased-This year's sample is smaller than last year's sample.
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Because the tolerable deviation rate decreased - This year's sample is larger than last year's sample.
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Because the tolerable deviation rate increased - This year's sample is larger than last year's sample.
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