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When Testing Controls,the Tolerable Error Is

Question 26

Multiple Choice

When testing controls,the tolerable error is:


A) the minimum rate of deviation that an auditor will accept
B) the tolerable rate of deviation that an auditor will accept before concluding that a control is ineffective
C) the tolerable rate of deviation that an auditor will accept before concluding that a control is effective
D) the maximum amount of error in an account balance that an auditor will accept before concluding that an account is materially misstated

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