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Author Question: Which of the following ismostcorrect when using audit sampling for exception rates? (Read 49 times)

madimontg

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Question 1

The upper limit of the probable population exception rate is the
◦ upper exception rate.
◦ estimated population exception rate.
◦ computed upper exception rate.
◦ tolerable exception rate.

Question 2

Which of the following is most correct when using audit sampling for exception rates?
◦ The auditor is concerned with the lowest rate.
◦ The auditor is concerned with the highest rate.
◦ The auditor is concerned with the average on previous audits.
◦ The auditor is not concerned with the exception rate for audits of nonpublic companies.


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Marked as best answer by madimontg on Aug 21, 2022

H.cope00

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madimontg

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Reply 2 on: Aug 21, 2022
:D TYSM


irishcancer18

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Reply 3 on: Yesterday
Wow, this really help

 

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