When using sampling to test control procedures, what factors should the auditor consider in setting the: a.

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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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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Question Posted: Dec 29, 2012 06:14 AM

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When using sampling to test control procedures, what factors should the auditor consider in setting the: a.

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a Tolerable deviation rate depends on the significance of the control procedure being tested and the ...View the full answer

Auditing a business risk appraoch

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