menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 8: Audit Sampling: An Overview and Application to Tests of Controls
  5. Question
    The Risk of Incorrect Acceptance Relates to the
Solved

The Risk of Incorrect Acceptance Relates to the

Question 8

Question 8

Multiple Choice

The risk of incorrect acceptance relates to the


A) Effectiveness of the audit.
B) Efficiency of the audit.
C) Preliminary estimates of materiality levels.
D) Tolerable misstatement.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: An auditor who uses statistical sampling for

Q5: If the expected deviation rate exceeds the

Q6: Statistical sampling provides a technique for<br>A) Exactly

Q9: An auditor plans to examine a sample

Q10: An advantage of using statistical over nonstatistical

Q11: In attributes sampling, population size has little

Q12: The likelihood of assessing control risk too

Q43: Confidence level is the complement of sampling

Q46: With a nonstatistical sampling application, the auditor

Q51: For an attributes sampling plan,the tolerable deviation

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines