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    Auditing and Assurance Services Study Set 1
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    Exam 15: Audit Sampling for Tests of Controls and Substantive Tests of Transactions
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    If the Auditor Concludes That the CUER Is 5% at a 8
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If the Auditor Concludes That the CUER Is 5% at a 8

Question 98

Question 98

True/False

If the auditor concludes that the CUER is 5% at a 8% sampling risk, this means that the exception rate in the population is no greater than 5% with an 8% risk of the exception rate exceeding 5%.

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