In which of the following cases would the auditor determine that statistical sampling should not be performed?
A) Tolerable deviation is large and expected population deviation is low.
B) Tolerable deviation is small and expected population deviation is high.
C) Tolerable deviation is large and expected population deviation is high.
D) Tolerable deviation is small and expected population deviation is low.
Correct Answer:
Verified
Q23: Auditors who prefer statistical sampling to nonstatistical
Q24: Based on a 5% risk of assessing
Q25: If the expected deviation rate exceeds the
Q26: An advantage of using statistical over nonstatistical
Q27: Statistical sampling provides a technique for:
A)exactly defining
Q29: If auditors conducting attributes sampling found that
Q30: The computed upper deviation rate is:
A)the maximum
Q31: As a result of tests of controls,
Q32: In determining the sample size for a
Q33: In attributes sampling, population size has little
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