Question: The achieved upper deviation limit is 7% and the risk of assessing control risk too low is 5%. How should the internal auditor interpret this

The achieved upper deviation limit is 7% and the risk of assessing control risk too low is 5%. How should the internal auditor interpret this attribute sampling outcome?\ \ \ There is a 5% chance that the deviation rate in the population exceeds 7%\ \ \ There is a 9.5% chance that the deviation rate in the population equals 7%\ \ \ There is a 7% chance that the deviation rate in the population is less than or equal to 5%\ \ \ There is a 5% chance that the deviation rate in the population is less than 7%

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