Bundle: Auditing: A Risk Based-approach, 11th + Mindtap Accounting, 1 Term (6 Months) Printed Access Card
Bundle: Auditing: A Risk Based-approach, 11th + Mindtap Accounting, 1 Term (6 Months) Printed Access Card
11th Edition
ISBN: 9781337734455
Author: Karla M Johnstone-zehms, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
Question
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Chapter 8, Problem 10RQSC
To determine

Introduction: While planning for the audit, an auditor set a tolerable limit of the risk. That limit is called the rate of deviation.

Describe the tolerable rate of deviation.

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Students have asked these similar questions
Subject: Auditing & Assurance Principles   Differentiate the following: a) Statistical vs Non-statistical sampling b) Attribute vs Variables sampling
(c)Describe the factors which theauditor should consider whendetermining the size of a sample. (d) Describe to what extent statistical sampling enhances the quality of the audit evidence. (e) Explain how judgementis used in statistical and non-statistical sampling.
What is the definition of audit sampling based on PAS 530?

Chapter 8 Solutions

Bundle: Auditing: A Risk Based-approach, 11th + Mindtap Accounting, 1 Term (6 Months) Printed Access Card

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