Question
_______________ means that the auditor will need to obtain a larger sample size. Group of answer choices a. Decreasing the desired confidence level and decreasing
_______________ means that the auditor will need to obtain a larger sample size.
Group of answer choices
a. Decreasing the desired confidence level and decreasing the tolerable deviation rate
b. Increasing the tolerable deviation rate and increasing the expected deviation rate
c. Increasing the desired confidence level and decreasing the tolerable deviation rate
d. Decreasing the desired confidence level and increasing the expected deviation rate
While testing internal controls, an auditor requests and examines a number of invoices for proper approval. An auditor will ____________ if one of the requested invoices is missing and cannot be reviewed.
a. evaluate the results as if the sample size had been 19
b. treat the missing check as a deviation for the purpose of evaluating the sample
c. choose another check to replace the missing check in the sample
d. treat the missing check in the same manner as the majority of the other 19 checks (i.e., countersigned or not)
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