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 63 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
:D TYSM

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

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
Trap set to monitor the wild population in the Dryandra Woodland Trap set to monitor the wild population in the Dryandra Woodland
Items that would be difficult to replace bearing legal significance are sent by certified mail. Items that would be difficult to replace bearing legal significance are sent by certified mail.
By how many times will the population of bacteria have increased after 6 h? By how many times will the population of bacteria have increased after 6 h?
Sample prescriptions of antibiotics for dental infections. Sample prescriptions of antibiotics for dental infections.
Time vs. USA Population Exponential Time vs. USA Population Exponential
Video: Rena arc construction

For a complete list of videos, visit our video library