Which statement is true?

Attribute sampling is useful for determining internal control deviations

Attribute sampling is useful for determining the accuracy of accounts receivable

An 8% tolerable rate is generally considered an acceptable rate.

If the sampling plan is applied correctly there is no sampling risk

Which is true about confidence level?

If the sampling risk is12% then the confidence level must be less greater than 90%

Sampling risk is normally higher than the confidence level

Sampling risk applies to only to variables sampling

The confidence level and sampling risk must equal 100%