Suppose you selected a dollar unit sample of 300 items, expecting to find zero errors, and evaluated

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Suppose you selected a dollar unit sample of 300 items, expecting to find zero errors, and evaluated the results using an upper precision limit of 1.0%. What actions would you take if you found:

a. 3 errors?

b. 10 errors?

c. 30 errors?

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Applications Of Statistical Sampling To Auditing

ISBN: 9780130391568

1st Edition

Authors: Alvin A. Arens, James K. Loebbecke

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