A control is deemed to be more important than thought at the time that attributes sampling parameters were set. The auditor is most likely to respond by:
A. decreasing the tolerable deviation rate.
B. decreasing the risk of assessing control risk too high.
C. decreasing the expected deviation rate.
D. increasing population size.
Answer: A
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a. $700,000 b. $600,000 c. $580,000 d. $620,000
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Fill in the blank(s) with correct word
In a breach of contract situation, the innocent party has all of the following are remedies available to her, except: A) bringing an action for money damages
B) rescinding the contract. C) seeking specific performance. D) waiver of breach