True/False
In MUS sampling basic precision is the upper misstatement limit when no misstatements are detected in a MUS sample.It is computed by multiplying the sampling interval by the error expansion factor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q107: In attributes sampling,which of the following does
Q108: Dividing the population into relatively homogeneous groups
Q109: A sample which exceeds the tolerable rate
Q110: Incorrect acceptance is directly related to which
Q111: Nonstatistical samples should be based on the
Q112: Tolerable misstatement is the maximum amount of
Q113: Sampling risk is defined as the risk
Q115: Statistical sampling combines the theory of probability
Q116: For which of the following audit procedures
Q117: Which of the following occurs when,based on