When the sample exception rate (SER) exceeds the tolerable exception rate (TER), the auditor should decide whether to increase sample size or to revise assessed control risk on the basis of cost versus benefit.
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Q116: Whenever auditors use sampling, they risk making
Q117: A danger in setting the acceptable risk
Q118: When planning the audit sample, the _
Q119: When choosing the appropriate acceptable risk of
Q120: Acceptable risk of overreliance is the risk
Q122: Tolerable exception rate (TER) is inversely related
Q123: You are determining the appropriate sample size
Q124: The sum of the tolerable exception rate
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Q126: In nonstatistical sampling, the calculated sampling error
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