Question: In the evaluation of this sample, the auditor decided to increase the level of the preliminary assessment of control risk because the a. Tolerable rate
In the evaluation of this sample, the auditor decided to increase the level of the preliminary assessment of control risk because the
a. Tolerable rate (7%) was less than the achieved upper precision limit (8%).
b. Expected deviation rate (7%) was more than the percentage of errors in the sample (3 1/2%).
c. Achieved upper precision limit (8%) was more than the percentage of errors in the sample
(3 1/2%).
d. Expected deviation rate (2 1/2%) was less than the tolerable rate (7%).
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