In the Audit of Account Balances, the Sample Size Will

question 32

Multiple Choice

In the audit of account balances, the sample size will tend to be smaller when the

• A)Risk of incorrect acceptance is lower.
• B)Risk of incorrect rejection is lower.
• C)Tolerable misstatement is smaller.
• D)Population variability is smaller.

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Definitions:

Ovulation

The release of an ovum from an ovary.

Ovum

A female gamete or egg cell involved in reproduction, which when fertilized by a sperm, can develop into an embryo.

Chemical

A substance produced by or used in a chemical process, described by a specific composition of atoms or molecules.

Meiosis

A type of cell division that results in four daughter cells each with half the number of chromosomes of the parent cell, as in the production of gametes and plant spores.