Multiple Choice
The relationship of tolerable exception rate (TER) to sample size is
A) direct (larger TER = larger sample) .
B) inverse (larger TER = smaller sample) .
C) variable (sometimes larger, sometimes smaller) .
D) not determinable.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: In practice, auditors do not know whether
Q23: When auditors wish to evaluate a sample
Q24: The upper limit of the probable population
Q25: The advantage of systematic sample selection is
Q26: List the three phases in audit sampling
Q28: Statistical sampling eliminates any professional judgment for
Q29: When a population is divided into subpopulations,
Q30: A representative sample means the sampled items
Q31: The auditor focuses on the lower limit
Q32: Auditors prefer to use probabilistic sample selection