This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an auditor judgmentally selects a sample of one hundred items from a population and finds two ... (Read 35 times)

Scollins7

  • Full Member
  • ***
  • Posts: 142
on: Aug 21, 2022

Question 1

Auditors often use the ________ to determine the estimated population exception rate.
◦ current year's audit results
◦ tolerable exception rate
◦ preceding year's audit results
◦ estimated computed by management

Question 2

If an auditor judgmentally selects a sample of one hundred items from a population and finds two exceptions, the auditor
◦ can conclude that the sample exception rate is 2%.
◦ can conclude that the population exception rate is 2%.
◦ can calculate the highest exception rate expected in the population.
◦ cannot make any conclusions about either the sample or the population.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Scollins7 on Aug 21, 2022

reactx

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Scollins7

  • Member
  • Posts: 142
Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Comparing allele and genotype frequencies in a population with the Hardy-Weinberg equation and a Pun Comparing allele and genotype frequencies in a population with the Hardy-Weinberg equation and a Pun
Continuous variation in a natural population Continuous variation in a natural population
Sample of an insurance card. Sample of an insurance card.
Three Population Pyramids Three Population Pyramids
Sample prescriptions of antibiotics for prophylaxis against infective endocarditis. Sample prescriptions of antibiotics for prophylaxis against infective endocarditis.
World Population, 10,000 B.C. to A.D. 2010 World Population, 10,000 B.C. to A.D. 2010
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library