In Evaluating This Sample,the Auditor Decided to Increase the Level

question 74

Multiple Choice

In evaluating this sample,the auditor decided to increase the level of the preliminary assessment of control risk because the:

• A)Tolerable rate of deviation (7%)was less than the upper limit rate of deviation (8%).
• B)Expected population deviation rate (7%)was more than the percentage of errors in the sample (3.5%).
• C)Expected population deviation rate (2.5%)was less than the tolerable rate of deviation.
• D)Upper limit rate of deviation (8%)was more than the percentage of errors in the sample (3.5%).

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Definitions:

Introverted

Describing a person predominantly concerned with their own thoughts and feelings rather than with external things.

Extraversion

A personality trait characterized by orientation towards the external environment and enjoyment from engaging in social interactions, as opposed to introversion.

Big Five

A model describing five major personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Extraversion

A personality trait characterized by outgoingness, sociability, and a high level of activity.