Question: An auditor might conclude that the computed upper exception rate ( CUER ) for missing shipping documents is 4 percent at a 5 percent sampling

An auditor might conclude that the computed upper exception rate (CUER) for missing shipping documents is 4 percent at a 5 percent sampling risk, meaning the auditor concludes that the exception rate in the population is no greater than 5 percent with a 4 percent risk of the exception rate exceeding 5 percent.
True
False

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