Multiple Choice
An auditor who tested 50 transactions and found two deviations from an important control activity could conclude that
A) The tolerable rate is 4%.
B) The critical rate of occurrence is 4%.
C) The sample rate of deviation is 4%.
D) The expected population deviation rate is 4%.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Which of the following is not true
Q11: The auditor's sample size increases proportionally with
Q12: Which of the following factors does not
Q13: The sample rate of deviation is determined
Q14: Indicate whether each of the following characteristics
Q16: If the upper limit rate of deviation
Q17: The upper limit rate of deviation has
Q18: The following are steps in attributes sampling:
Q19: Mary Todd is auditing White House furniture.In
Q20: If the _ exceeds the _,the audit