Which of the following does the design of a MUS sample not require the auditor to determine?
A)Risk of incorrect acceptance.
B)Inherent risk.
C)Ratio of expected misstatement to tolerable misstatement.
D)Ratio of tolerable misstatement to the total population value.

Question

Quizplus · Accepted Answer

The design of a MUS sample does not require the auditor to determine inherent risk. Inherent risk is a component of audit risk, but it is not directly related to the sampling method used. The other options listed (A, C, and D) are all important factors that the auditor must consider when designing a MUS sample.

Which of the Following Does the Design of a MUS