Question: In attribute sampling, what is the impact on audit risk if the upper limit deviation rate is greater than the tolerable rate of deviation? If
In attribute sampling, what is the impact on audit risk if the upper limit deviation rate is greater than the tolerable rate of deviation? If the actual rate of deviation is less than the tolerable rate of deviation, what is the impact on the detection risk in the audit risk model given a level of audit risk and inherent risk? What is the impact on sample size if an auditor wants to place MORE reliance on internal controls (i.e., decrease the risk of overrelaiance)? The word bank is: Increases
Decreases
No impact
Cannot be determined
Actual Deviation Rate
Tolerable Rate of Deviation
Upper Limit Rate of Deviation
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