Judgments about the frequency of control deviations that identify a particular control risk level are related to:
A)Sample rate of deviation.
B)Tolerable rate of deviation.
C)Upper limit rate of deviations.
D)Expected population deviation rate.

Question

Quizplus · Accepted Answer

Judgments about the frequency of control deviations that identify a particular control risk level are related to the tolerable rate of deviation. The tolerable rate of deviation represents the maximum rate of deviation that would still be acceptable for the auditor to conclude that the control is operating effectively.

Judgments About the Frequency of Control Deviations That Identify a Particular