If an Auditor Calculated an Upper Limit Rate of Deviation

Multiple Choice

If an auditor calculated an upper limit rate of deviation of 5 percent when the tolerable rate of deviation was 4 percent,the auditor would conclude that

A) The population deviation rate is low enough to rely on internal control as planned.
B) The population deviation rate may be higher than that necessary to rely on internal control as planned.
C) The control risk can be assessed at planned levels.
D) The control risk should be assessed at lower levels.