Multiple Choice
The deviation rate in a representative sample is the:
A) number of items in the population containing a particular attribute.
B) auditor's best estimate of the deviation rate.
C) auditor's calculation of the error rate in the population.
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q40: For monetary-unit sampling, normally the estimate of
Q41: Allowable risk of overreliance is the risk
Q43: When errors are found, a common assumption
Q44: In systematic sample selection, the interval is
Q46: The auditor is concerned with the audited
Q47: The appropriate assumption to make regarding the
Q48: An advantage of using statistical sampling techniques
Q49: Statistical theory proves that in most types
Q50: The process which requires the calculation of
Q58: Estimated misstatement in the population and sample