A control is deemed to be more important than thought at the time that attributes sampling parameters were set. The auditor is most likely to respond by:
A)decreasing the risk of assessing control risk too high.
B)increasing population size.
C)decreasing the tolerable deviation rate.
D)decreasing the expected deviation rate.

Question

Quizplus · Accepted Answer

When a control is deemed more important than initially thought, the auditor would likely respond by decreasing the tolerable deviation rate. This adjustment reflects a lower tolerance for control deviations because the control is more critical to the audit's assessment of control risk.

A Control Is Deemed to Be More Important Than Thought