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The Tolerable Deviation Rate for Tests of Controls Necessary to Justify

Question 36

Multiple Choice

The tolerable deviation rate for tests of controls necessary to justify assessing control risk at less than maximum depends primarily on which of the following?


A) The assessed level of control risk.
B) The cause of deviations.
C) The tolerable deviation rate used in audits of similar clients.
D) The amount of any identified substantive misstatements.

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