Multiple Choice
The maximum rate of deviation that may exist in the operation of a control policy or procedure before the auditors would reduce reliance on internal control is referred to as:
A) Acceptable rate of deviation.
B) Control risk.
C) Tolerable rate of deviation.
D) Upper limit rate of deviation.
Correct Answer:

Verified
Correct Answer:
Verified
Q86: On the basis of attributes sampling,an auditor
Q87: Which of the following statements is correct
Q88: Williams,CPA,is using attributes sampling to test controls
Q89: Sales invoices are commonly stored in
Q90: Why is the auditor more concerned with
Q92: What is the general order in which
Q93: Which of the following components of the
Q94: With respect to the use of
Q95: Judgments about the frequency of control deviations
Q96: To determine the appropriate sample size for