An Auditor Planning Tests of Controls Specifies a Risk of Assessing

question 44

Multiple Choice

An auditor planning tests of controls specifies a risk of assessing control risk too low of 10 per cent and a tolerable deviation rate of eight per cent and expects one deviation. For these specifications, the planned sample size should be in which range: (Use the following table to determine your answer.)
Number of factors for sampling risks of:

• A) 30-40.
• B) 40-50.
• C) 50-60.
• D) More than 60.

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Definitions:

Training Objectives

The clear goals or outcomes that a training program aims to achieve, serving as a guide for both instructors and learners.

Team Analysis

The process of evaluating the dynamics, strengths, and weaknesses of a team to improve its effectiveness.

Data Collection

The process of gathering information from various sources to be analyzed for a specific purpose.

Surveys

Tools or methods used to gather data and insights from respondents about various topics or interests.