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The Tolerable Rate of Exceptions for Tests of Controls Is

Question 43

Multiple Choice

The tolerable rate of exceptions for tests of controls is generally:


A) lower than the expected rate of errors in the related accounting records.
B) higher than the expected rate of errors in the related accounting records.
C) identical to the expected rate of errors in the related accounting records.
D) unrelated to the expected rate of errors in the related accounting records.

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