Explain the relationship between the sample size for controls testing and each of the following factors: (1)
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(1) The likely effectiveness of a control;
(2) The acceptable rate of deviation;
(3) The expected rate of deviation;
(4) The required level of confidence in the effectiveness of the client's system of internal controls; and
(5) The number of units in the population.
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1 If the auditor believes that the control is likely to be more effective the auditor will seek to r...View the full answer
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