Multiple Choice
The auditor should consider which of the following factors in selecting the correct sample size?
A) More testing will be required for manual controls than automated controls because manual controls are more prone to human error.IT controls that have been tested should continue to be reliable.
B) The more transactions in a system,the more items need to be tested.
C) The more assurance we receive from other audit procedures,the more the control is tested.
D) The less susceptible the control is to management override,the more the control is tested.
E) The more frequently a control is performed,the more items are tested.More internal control tests are performed for controls that are performed daily than for controls performed monthly.
F) both A and C
G) both A and E
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Nonsampling risk includes<br>A)all aspects of audit risk
Q16: If the sample deviation rate is lower
Q17: With nonstatistical sampling,sampling risk is controlled by<br>A)quantifying
Q18: Sampling risk for tests of controls includes<br>A)the
Q19: Which of the following internal control procedures
Q21: Internal control tests are performed to determine
Q22: Based on the internal control test results<br>A)the
Q23: Sometimes the auditor makes decisions about the
Q24: Internal control testing is typically done<br>A)at the
Q25: To use evidence from a sample to