When using sampling to test control procedures, what factors should the auditor consider in setting the: a.
Question:
When using sampling to test control procedures, what factors should the auditor consider in setting the:
a. Tolerable deviation rate
b. Expected failure rate
c. Allowable risk of assessing control risk too low
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a Tolerable deviation rate depends on the significance of the control procedure being tested and the ...View the full answer
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Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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