Question: If the _____ exceeds the _____, the audit team would decide to rely on internal control as planned and maintain control risk at planned levels.
a. upper limit rate of deviation; tolerable rate of deviation.
b. tolerable rate of deviation; upper limit rate of deviation.
c. expected population deviation rate; tolerable rate of deviation.
d. tolerable rate of deviation; expected population deviation rate.
Step by Step Solution
3.39 Rating (168 Votes )
There are 3 Steps involved in it
a Incorrect The tolerable rate of deviation must exceed the upper limit rate of deviation for th... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
332-B-A-A-A-N (2616).docx
120 KBs Word File
