Which of the Following Factors Is Generally NOT Considered in Determining

question 143

Multiple Choice

Which of the following factors is generally NOT considered in determining sample size for a test of controls?

• A) risk of assessing control risk too low
• B) expected population deviation rate
• C) tolerable deviation rate
• D) population size

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Definitions:

Nominal Interest Rate

The stated rate of interest on a loan or financial investment, not adjusted for inflation.

Real Rate Of Interest

The rate of interest an investor expects to receive after allowing for inflation.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment, indicating the health of an economy.

Labor Force

The aggregate sum of individuals working or in pursuit of work within a nation or area.