Multiple Choice
For an attributes sampling plan, the tolerable deviation rate is 4.5%, the computed upper deviation rate is 7%, the sample deviation rate is 3%, and the desired confidence level is 95%. What is the allowance for sampling risk included in the computed upper deviation rate?
A) 1) 5%.
B) 3%.
C) 4%.
D) 5%.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: Audit sampling is commonly used to gather
Q43: Confidence level is the complement of sampling
Q44: "Computer assisted audit techniques and audit data
Q45: An auditor who uses statistical sampling for
Q46: With a nonstatistical sampling application, the auditor
Q48: Which of the following combinations guarantees a
Q49: In attributes sampling, population size has little
Q50: Which of the following risks is related
Q51: Define sampling risk and nonsampling risk.
Q52: Which of the following best illustrates the