Introduction:
Requirement 1
To determine the effect on sample size of increasing of the sampling risk.
Introduction:Sample size is the basic unit for the audit. Tolerable limit is set by the auditor before auditing to control the risk.
Requirement 2
To determine the effect on sample size of increasing of tolerable rate of deviation.
Introduction:The basic unit of audit is sample size. The population deviation rate is the limit of the auditor to control the risk without altering the plan.
Requirement 3
To determine the effect on sample size of increasing of population deviation rate.
Introduction:Sample size is decided by the auditor to minimize the risk level.
Requirement 4
To determine the effect on sample size of increasing of population size.
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Chapter 8 Solutions
ACP AUDITING - RISK BASED APPROACH
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