The tolerable exception rate is the rate that the auditor will permit in the population and still be willing to conclude a control is effective.
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Q106: The sample exception rate equals
A) the number
Q107: One way to evaluate sampling risk when
Q108: There is a(n) _ relationship between acceptable
Q109: When using statistical sampling, the auditor would
Q110: The acceptable risk of overreliance
A) is normally
Q112: If the result obtained from a particular
Q113: Acceptable risk of overreliance is normally lower
Q114: When the estimated population exception rate exceeds
Q115: When determining tolerable exception rate (TER),
A) the
Q116: Whenever auditors use sampling, they risk making
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