Which of the Following Represents the Best Description of the Tolerable

question 132

Multiple Choice

Which of the following represents the best description of the tolerable exception rate?

• A) the highest exception rate the auditor will permit in the control being tested and still conclude it is operating effectively
• B) the highest exception rate the auditor expects to find in the population
• C) the number of exceptions found in the sample divided by the sample size
• D) the highest estimated exception rate in a population at a given estimated population exception rate.

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Definitions:

Georges Buffon

An 18th-century French naturalist, mathematician, and author known for his significant contributions to the natural sciences, especially in the field of natural history.

Laws of Physics

The fundamental principles that govern the natural world, including laws related to motion, energy, force, and matter.

Reproductive Success

The passing of genes onto the next generation in a way that they too can pass on those genes.

Darwin's Idea

The theory of natural selection proposed by Charles Darwin, suggesting that species evolve over time through the process of heritable physical or behavioral traits that enhance survival and reproduction.