If the Result Obtained from a Particular Sample for Control

question 113

Multiple Choice

If the result obtained from a particular sample for control and substantive tests of transactions is critical to the formation of an audit opinion, which of the following is the most important to the auditor in concluding of the appropriateness and sufficiency of evidence gathered?

• A) acceptable risk of overreliance
• B) estimated population exception rate
• C) tolerable exception rate
• D) size of the population

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Definitions:

Sex Difference

The biological and physiological distinctions typically associated with male and female organisms, often in the context of reproductive functions.

Collection of Genes

A set of genes in an organism that are inherited together from a single parent or recombined from both parents.

Genes

Units of hereditary information encoded in DNA, responsible for guiding the development and functioning of organisms.

One Ovum

A single egg cell produced by female reproductive systems; essential for sexual reproduction.