What Is an Auditor's Evaluation of a Statistical Sample for Attributes

question 34

Multiple Choice

What is an auditor's evaluation of a statistical sample for attributes when a test of 100 documents results in four deviations if the tolerable rate of deviation is 5%,the expected population deviation rate is 3%,and the allowance for sampling risk is 2%?

• A) Accept the sample results as support for planned reliance on the control because the tolerable rate of deviation less then allowance for sampling risk equals the expected population deviation rate.
• B) Modify planned reliance on the control because the sample rate of deviation plus the allowance for sampling risk exceeds the tolerable rate of deviation.
• C) Modify planned reliance on the control because the tolerable rate of deviation plus the allowance for sampling risk exceeds the expected population deviation rate.
• D) Accept the sample results as support for planned reliance on the control because the sample rate of deviation plus the allowance for sampling risk exceeds the tolerable rate of deviation.

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Definitions:

Individual Experiences

The unique and personal events or encounters that shape a person's life and development.

Workplace Stress

The physical and emotional responses that occur when the requirements of the job do not match the capabilities, resources, or needs of the worker.

Managing Stress

Strategies and techniques used to handle pressure and reduce the negative impact of stress on one's life.

Stress Management

Techniques and strategies employed to control and reduce stress levels in personal and professional settings to improve well-being.