If a sample of 100 items indicates a deviation rate of 3 percent, should the auditors conclude

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If a sample of 100 items indicates a deviation rate of 3 percent, should the auditors conclude that the entire population also has approximately a 3 percent deviation rate?

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Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Question Posted: Jul 17, 2015 02:10 AM

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If a sample of 100 items indicates a deviation rate of 3 percent, should the auditors conclude

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Yes the auditors can conclude that the entire population has nearly 3 percent deviation rate H...View the full answer

Principles of Auditing and Other Assurance Services

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