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    Auditing and Assurance Services Study Set 1
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    Exam 15: Audit Sampling for Tests of Controls and Substantive Tests of Transactions
  5. Question
    The Auditor's Best Estimate of the Population Exception Rate Is
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The Auditor's Best Estimate of the Population Exception Rate Is

Question 35

Question 35

Multiple Choice

The auditor's best estimate of the population exception rate is the:


A) current year's sample exception rate.
B) tolerable exception rate.
C) prior year's sample exception rate.
D) computed upper exception rate.

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