Which of the following is the exception rate that the auditor expects to find before testing?
A) sample exception rate
B) estimated population exception rate
C) computed exception rate
D) tolerable exception rate

Question

Quizplus · Accepted Answer

The estimated population exception rate is the rate of exceptions that the auditor expects to find in the population before starting any testing. This rate is based on the auditor's prior experience and other relevant information.

Which of the Following Is the Exception Rate That the Auditor