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ra Media An auditor performs attribute sampling on a test of a control using statistical methods, the overall population was 1,000,000, the sample size was
ra Media An auditor performs attribute sampling on a test of a control using statistical methods, the overall population was 1,000,000, the sample size was 125, the number of deviations was 2, the allowance for sampling risk was 4%, the expected deviation rate was 2% , the tolerable deviation rate was 5%, and the computed upper deviation rate was 5.6%. What was the auditors likely conclusion about the operating effectiveness of the control tested? O The control was operating effectively. The control was not operating effectively. O The auditor would decrease overall control risk for the audit engagement based on this one test of controls. O The auditor is unable to reach a conclusion about the operating effectiveness of the control.
ra Media An auditor performs attribute sampling on a test of a control using statistical methods, the overall population was 1,000,000, the sample size was 125, the number of deviations was 2. the allowance for sampling risk was 4%, the expected deviation rate was 2%, the tolerable deviation rate was 5% and the computed upper deviation rate was 5.6%. What was he auditors likely conclusion about the operating effectiveness of the control tested? The control was operating effectively. The control was not operating effectively. The auditor would decrease overall control risk for the audit engagement based on this one test of controls. The auditor is unable to reach a conclusion about the operating effectiveness of the control
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