Auditing & Assurance Services 6th Edition by Timothy Louwers

Exercise 251

The interpretation of the upper limit rate of deviation in an attributes sampling application is
A) The estimated rate of deviation in the population with probability equal to the risk of overreliance that the population deviation rate is higher.
B) The estimated rate of deviation in the population with probability equal to the risk of overreliance that the actual rate of deviation is lower.
C) The estimated rate of deviation in the population with certainty that the actual rate of deviation is lower.
D) The estimated rate of deviation in the population with certainty that the actual rate of deviation is higher.