In determining the sample size for a test of controls, an auditor should consider the expected population deviation rate, desired confidence level, and the:
A. tolerable deviation rate.
B. population size.
C. risk of incorrect acceptance.
D. nature and cause of deviations.
Answer: A
You might also like to view...
Direct response marketing or direct marketing is vending products to customers without the use of other channel members
Indicate whether the statement is true or false
The existence and term of renewal or purchase options and escalation clauses are disclosed for capital leases only
Indicate whether the statement is true or false
What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%?
A. $4,750 B. $5,000 C. $5,250 D. $5,513 E. $5,788
The communication stage of accounting is accomplished by
A) storing data. B) reporting to decision makers. C) processing data. D) recording data.