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MMLU / In assessing the tolerable rate of deviations of a test of controls that was…

Problem

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question

In assessing the tolerable rate of deviations of a test of controls that was performed using statistical sampling an auditor should consider that

choices

  1. Deviations from pertinent controls do not affect the risk of material misstatement in the accounting records.
  2. Deviations from pertinent controls at a given rate ordinarily result in misstatements at a lower rate.
  3. When the degree of assurance desired in a sample is high the auditor should allow for a high level of sampling risk.
  4. Increasing the number of items selected for the test of controls usually increases the tolerable rate of deviations.

subject

professional_accounting

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Source and history

task_id
d1414cba-c628-5527-b64c-c7fe6f829f30
task_key
all--test--d1414cba-c628-5527-b64c-c7fe6f829f30
task_revision_id
1
config / split
all / test

Official source

initial import