When using statistical sampling for attributes, an auditor should assess control risk at the maximum assuming: a.

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When using statistical sampling for attributes, an auditor should assess control risk at the maximum assuming:

a. The sample rate of deviation plus the allowance for sampling risk is less than the tolerable rate.

b. The sample rate of deviation plus the allowance for sampling risk is equal to the tolerable rate.

c. The sample rate of deviation plus the allowance for sampling risk exceeds the tolerable rate.

d. The sample rate of deviation is roughly proportional to the sample rate from the prior year.

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Auditing And Assurance Services

ISBN: 9780538869522

5th Edition

Authors: David Ricchiute

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Question Posted: May 04, 2024 02:00 AM

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When using statistical sampling for attributes, an auditor should assess control risk at the maximum assuming: a.

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Auditing And Assurance Services

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