Question: iscussion questions For this assignment, the expected population exception rate (EPER) was specified as l% 2%, the tolerable exception rate (TER) was specified as 7%

iscussion questions For this assignment, the expected population exception rate (EPER) was specified as l% 2%, the tolerable exception rate (TER) was specified as 7% or 8%, of overreliance (ARO) was specified as 10% for all attributes n the audit of transactions. Indicate how each of these variables (EPER, TER, and ARO) s determined. What is the effect on sample size of lowering each variable (EPER, TER and ARO)? or and the acceptable risk 1. acquisitions hould be

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