a. Why does the auditor normally specify a low level for the risk of assessing control risk
Question:
a. Why does the auditor normally specify a low level for the risk of assessing control risk too low?
b. What effect does the risk of assessing control risk too low have on sample size?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a Why does the auditor normally specify a low level for the risk of assessing control risk too low The risk of assessing control risk too low also kno...View the full answer
Answered By
AJIN kuriakose
I have completed B.Tech in Electrical Engineering & Masters in Power & Control From one of the best universities in India. I got the 99.05 percentile in the Gate Electrical Engineering Exam. I can Help students solving assignments in Electrical subjects like Power Electronics, Control system, Analog, Network Theory & Engineering Mathematics. Clear your fundamentals and develop problem-solving skills and analytical skills to crack the exam.
Get guidance and the opportunity to learn from experienced...
I can provide tuition for Electrical engineering subjects (Power Electronics, Digital electronics, Network Theory, Control System & Engineering Mathematics). The toughest subject of Electrical engineering can be made simple in online classes...
I can also solve it.
1 .I can help you with your assignments or exams or quiz or tutoring.
2. Very strict to the deadlines.
Message me for any help in assignments, live sessions. I am here to help students for all assignments, tests and exams and I will make sure you always get _95% In your subject.
Contact me in solution inn for any help in your semester, projects and for many more things . Also feel free to contact me through solution inn and for any advise related to tutoring and how it works here.thank you.
5.00+
5+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Multiple Choice 1. An advantage of statistical sampling over non-statistical sampling is that statistical sampling helps an auditor to a. Eliminate the risk of non-sampling errors. b. Reduce audit...
-
Required a. The risk of assessing control risk too low is 10%. Determine the sample size for each of the following controls: b. Explain why the sample sizes for controls 2 and 3 are different from...
-
Sampling for attributes is often used to allow an auditor to reach a conclusion concerning a rate of occurrence in a population. A common use in auditing is to test the rate of deviation from a...
-
Pepsin is the principal digestive enzyme of gastric juice. A 1.40 g sample of pepsin is dissolved in enough water to make 4.50 mL of solution. The osmotic pressure of the solution is found to be...
-
At what rate is electric energy converted to internal energy in the 4.00- and 5.00- resistors in the figure?
-
Cancall Communications, Inc., a distributor of prepaid wireless telephone services, acquired airtime on Omnipoint Corp.s network that it then resold to its customers. In the prepaid wireless...
-
Assume that income tax rates are 30 percent and that the asset qualifies for a 25 percent declining balance, and the required rate of return is 10 percent. 1. The book value of an old machine is...
-
Timken Company specializes in the repair of music equipment and is owned and operated by Secilia Timken. On April 30, 2012, the end of the current year, the accountant for Timken Company prepared the...
-
Give the slope and the y intercept of the line 6x-2y-8= 0. Slope = y intercept = (0,
-
a. Define the term tolerable deviation rate and indicate the factors that should be considered in deciding on the tolerable rate, b. What effect does this rate have on sample size?
-
a. Define the sampling unit, b. Identify the different kinds of sampling units that may be selected.
-
What would be the effect on the U.S. trade deficit if China and Japan ran a contractionary fiscal policy?
-
Jacob and Bo pay Evie ( Bo \' s mom who is not a dependent of theirs ) $ 5 , 0 0 0 per child to watch Goldie, Alex, and Connor throughout the year so they can both work. Alex and Connor are child...
-
1) Horizontal Flipping Below example shows how to do horizontal flipping of an image. im imread('cameraman.tif'); data_augmentation is a function thats available to you | im1 = data_augmentation (im,...
-
Use the simplex technique to find the x's which yield the maximum of P, P=2x + 3x + 2 + x3 where x, x2, and x3 are required to be non-negative and to satisfy the constraints that follow: x1 + x2 +...
-
A 45-year-old man was admitted to the hospital for a decompressive laminectomy to treat his long-standing lumbar spinal stenosis. The back pain from the spinal stenosis has not been relieved by pain...
-
Describe 4 principles involved in the decision-making process for Continuous Improvement to enable successful engagement and implementation of improvements
-
Calculating APR Tarpley Credit Corp. wants to earn an effective annual return on its consumer loans of 14 percent per year. The bank uses daily compounding on its loans. What interest rate is the...
-
What is taxable income, and what is the formula for determining taxable income?
-
a. Net income was $471,000. b. Issued common stock for $78,000 cash. c. Paid cash dividend of $18,000. d. Paid $115,000 cash to settle a long-term notes payable at its $115,000 maturity value. e....
-
Cul es la parte imponible de la pensin de Tara de Oak Enterprises utilizando el mtodo simplificado? a. 0 dlares b. 17.862 dlares c. 18.035 dlares d. 18.485 dlares
-
10-4 (Algo) Computing Issue Prices of Bonds Sold at Par, at a Discount, and at a Premium LO10-2, 10-4, 10-5 James Corporation is planning to issue bonds with a face value of $501,000 and a coupon...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App