Multiple Choice
Assume that the audit team established a tolerable rate of deviation of 5%,an expected population deviation rate of 1%,and desired to control the risk of overreliance to 10%.What is the appropriate sample size in this situation?
A) 77 items.
B) 93 items.
C) 132 items.
D) 124 items.
Correct Answer:
Verified
Correct Answer:
Verified
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Q11: Indicate whether each of the following represents
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Q17: The risk of underreliance is the risk
Q18: An erroneous decision to assess control risk
Q19: When selecting a sample of items to
Q20: Which of the following statements is correct