If an Auditor Tested 50 Transactions and Found Two Deviations

question 13

Multiple Choice

If an auditor tested 50 transactions and found two deviations from an important control activity,the auditor could conclude that:

• A)The tolerable rate is 4%.
• B)The critical rate of occurrence is 4%.
• C)The sample rate of deviation is 4%.
• D)The expected population deviation rate is 4%.

---

Definitions:

Wizard

A user interface that guides users through a step-by-step process to complete a task or configure a product or service.

Information

Data that has been organized or processed in a way that adds meaning and value, making it useful for decision-making processes.

Tables

Data structures that organize information in columns and rows, allowing for easy data management and analysis.

Recordset Type

A classification that defines the kind of data a recordset can hold, typically used within databases or software applications that manipulate database records.