True/False
Acceptable risk of incorrect acceptance is of greater concern to the auditor than acceptable risk of incorrect rejection.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: If the auditor believes that there will
Q2: Which one of the following is NOT
Q4: Of the four factors which determine the
Q5: Assessed control risk and acceptable risk of
Q6: Discuss what is meant by 'representative sample'.
Q7: Monetary-unit sampling selects individual dollars as the
Q8: A statistical method used to estimate the
Q9: While performing a substantive test of details
Q10: One of the ways to reduce sampling
Q11: Which one of the following statements regarding