In attributes sampling,the risk of incorrect rejection deals with which of the following?
A)Effectiveness.
B)Efficiency.
C)Reliability.
D)Both A and B.

Question

Quizplus · Accepted Answer

The risk of incorrect rejection (also known as Type I error) in attributes sampling primarily deals with efficiency. It occurs when an auditor incorrectly rejects a population as being materially misstated when it is not. This can lead to unnecessary additional work, thus affecting the efficiency of the audit process.

In Attributes Sampling,the Risk of Incorrect Rejection Deals with Which