When selecting a sample size for substantive tests of balances which factor, other factors being equal, would result in a larger sample?
A) a decrease in the tolerable misstatement
B) small expected misstatements
C) an increase in the tolerable misstatement
D) an increase in the acceptable risk of incorrect acceptance
Correct Answer:
Verified
Q1: If an auditor desires a greater level
Q3: The word below that best explains the
Q4: The auditor's principal objective when using a
Q5: Tolerable misstatement is used to
A)
Q6: In the test of details of balances,
Q7: Tests for rates of occurrence are appropriately
Q8: To address sampling risk, auditors can use
Q9: Auditors perform test of controls and substantive
Q10: Auditors generally use rate of occurrence tests
Q11: The most important difference among tests of
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