Question: Based on your audit testing utilizing a sample of transactions, you conclude that a control is not operating effectively when in reality it is operating

Based on your audit testing utilizing a sample of transactions, you conclude that a control is not operating effectively when in reality it is operating effectively. This type of error results in: Group of answer choices Increased audit effectiveness Decreased audit efficiency Increased audit efficiency Decreased audit effectivenessAs desired confidence level for a test of control increases, the required sample size: Group of answer choices Increases Decreases There is no effect of confidence level on sample size

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