Chat with AI
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 367
Which of the following would not cause the audit team to select a larger sample of items under a monetary unit sampling application?
A) A reduction in the risk of incorrect acceptance from 10 percent to 5 percent.
B) An increase in the tolerable misstatement from $30,000 to $60,000.
C) An increase in the expected misstatement from $20,000 to $40,000.
D) All of these would result in selecting a larger sample.
A) A reduction in the risk of incorrect acceptance from 10 percent to 5 percent.
B) An increase in the tolerable misstatement from $30,000 to $60,000.
C) An increase in the expected misstatement from $20,000 to $40,000.
D) All of these would result in selecting a larger sample.
Explanation
Verified
Verified
A reduction in the risk of incorrect acc...
Auditing & Assurance Services 6th Edition by Timothy Louwers
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
