Assume that the auditor has selected 100 sales invoices from a population of 100,000 to test for an indication of internal verification of pricing and extensions. 

Determine the CUDR at a 5% ARO if three deviations existed in the sample using attributes sampling. Explain the meaning of the statistical results in auditing terms.

Answer rating: 100% (QA)

Answer Population size100000 Size of Sample 100 invoices deviation 3 rate of devia... View the full answer