Examlex

Solved

To Determine the Appropriate Sample Size for an Attributes Sampling

question 96

Multiple Choice

To determine the appropriate sample size for an attributes sampling application,Williams,CPA,defined the population to be 25,000 sales invoices.Williams then assessed the risk of overreliance to be 10%,the tolerable rate of deviation to be 4%,and the expected population deviation rate to be 2.5%.Using the AICPA Sample Size tables,the appropriate sample size would be:


Definitions:

Safety Equipment

Equipment designed to protect individuals from accidents or injuries in the workplace or other environments.

Supervisor

An individual in charge of overseeing and guiding the work of a group or team, ensuring tasks are completed efficiently and effectively.

Employee Termination

The process of formally ending an employee's term of employment with the company, which can be voluntary or involuntary.

Related Questions