Auditing & Assurance Services (Auditing and Assurance Services)
Auditing & Assurance Services (Auditing and Assurance Services)
7th Edition
ISBN: 9781259573286
Author: Timothy J Louwers, Allen Blay, David Sinason Associate Professor, Jerry R Strawser, Jay C. Thibodeau Associate Professor
Publisher: McGraw-Hill Education
Question
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Chapter F, Problem 72EP

a.

To determine

Identify the factors that Person D should consider while establishing the risk of overreliance, expected population deviation rate, and tolerable rate of deviation.

b.

To determine

Explain the manner in which the additional reliance on the control would affect the three parameters in (a).

c.

To determine

Determine the appropriate sample size by using the AICPA sample size tables.

d.

To determine

Identify the sample rate of deviation for the sample size selected in (c).

e.

To determine

Calculate the URLD by using the AICPA sample evaluation table.

f.

To determine

Describe the conclusion that would be drawn by Person D with respect to the functioning of the given control.

Blurred answer

Chapter F Solutions

Auditing & Assurance Services (Auditing and Assurance Services)

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