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Assume That the Audit Team Established a Tolerable Rate of Deviation

question 15

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Assume that the audit team established a tolerable rate of deviation of 5%,an expected population deviation rate of 1%,and desired to control the risk of overreliance to 10%.What is the appropriate sample size in this situation?


Definitions:

Constructive

Pertaining to constructs or building up, often used to describe positive efforts or contributions towards development or understanding.

Formal

Formal refers to activities, events, or situations that are structured, official, or follow established norms and procedures rather than being casual or relaxed.

Symbolic

Pertains to the use of symbols or representation of ideas, concepts, or objects through indirect suggestion rather than direct expression.

Prosocial Behavior

Voluntary actions intended to benefit or help others, such as sharing, comforting, cooperating, and offering assistance.

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