Question: Which terms relate to audit efficiency? QuestDetermine the effect on sample size: allowable risk of assessing control risk too low population size tolerable erroor rate
Which terms relate to audit efficiency? QuestDetermine the effect on sample size: allowable risk of assessing control risk too low population size tolerable erroor rate direct or inverse ion 1Answer a. Risk of Incorrect Rejection and Risk of Assessing Control Risk Too High b. Risk of Assessing Control Risk Too Low and Risk of Incorrect Rejection c. Risk of Incorrect Acceptance and Risk of Assessing Control Risk Too Low d. Risk of Assessing Control Risk Too High and Risk of Incorrect Acceptance
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