The relationship between sample size and the acceptable risk of incorrect acceptance is:
A) indeterminate.
B) variable; that is, larger acceptable risk = sometimes larger sample size and sometimes not.
C) direct; that is, larger acceptable risk = larger sample size.
D) inverse; that is, larger acceptable risk = smaller sample size.
Correct Answer:
Verified
Q49: Establishing the tolerable deviation rate (TDR)requires:
A) auditor
Q50: Acceptable risk of assessing control risk too
Q51: In audit sampling, an advance estimate of
Q52: The acceptable risk of assessing control risk
Q53: In estimating the population misstatement, the first
Q55: Statistical theory proves that in most types
Q56: What is an auditor's evaluation of a
Q57: When an auditor performs tests of details
Q58: Which one of the following statements regarding
Q59: Of the four factors which determine the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents