In Determining the Sample Size for a Test of Controls

question 37

Multiple Choice

In determining the sample size for a test of controls, an auditor should consider the expected deviation rate, desired confidence level, and the

• A) Tolerable deviation rate.
• B) Risk of incorrect acceptance.
• C) Nature and cause of deviations.
• D) Population size.

---

Definitions:

Arbitrator

A neutral third party who resolves disputes between two parties, especially in labor relations, by making binding decisions.

Concession Bargaining

A negotiation process where the union agrees to reduce benefits or alter conditions in exchange for something from the employer, often during economic difficulties.

Sequential Bargaining

a negotiation strategy where discussions and agreements on multiple issues occur in a specific sequence, rather than simultaneously.

Pattern Bargaining

A labor negotiation strategy where a union establishes contract terms with one employer and then seeks to apply those terms to negotiations with other employers in the same industry.