The Exception Rate the Auditor Will Permit in the Population

question 61

Multiple Choice

The exception rate the auditor will permit in the population and still be willing to use the assessed level of control risk is called the

• A)tolerable exception rate.
• B)estimated population exception rate.
• C)acceptable risk of overreliance.
• D)sample exception rate.

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Definitions:

Retreatment

The act of treating a medical or dental condition again after an initial treatment, often because the first treatment was not completely successful.

Rheumatoid Arthritis

An autoimmune disorder that primarily affects joints, causing inflammation, pain, and deformity.

Pathology

The medical specialty that focuses on determining the cause and nature of diseases by examining body tissues and bodily fluids.

Xeroderma Pigmentosum

A rare genetic condition causing extreme sensitivity to ultraviolet radiation, leading to increased risk of skin cancer.