To Determine Whether the Account Balance or Class of Transactions

Multiple Choice

To determine whether the account balance or class of transactions is materially misstated,the auditor

A) determines the tolerable misstatement from the sample results and compares this amount to the projected misstatement allocated to the account balance or class of transactions
B) determines the projected misstatement from the sample results and compares this amount to the tolerable misstatement allocated to the account balance or class of transactions
C) determines the expected deviations from the sample results and compares this amount to the tolerable misstatement allocated to the account balance or class of transactions
D) determines the actual deviations from the sample results and compares this amount to the tolerable misstatement allocated to the account balance or class of transactions