All other factors being equal,as the risk of incorrect acceptance and tolerable misstatement increase,the sample size will
A) not be affected.
B) increase.
C) decrease.
D) cannot determine from the information given.

Question

Quizplus · Accepted Answer

As the risk of incorrect acceptance and tolerable misstatement increase, the sample size will decrease because the auditor is willing to accept a higher level of risk and error, thus requiring a smaller sample size.

All Other Factors Being Equal,as the Risk of Incorrect Acceptance