If the Audit Team Established a Tolerable Rate of Deviation

question 48

Multiple Choice

If the audit team established a tolerable rate of deviation of 3%,an expected population deviation rate of 2%,and desired to control the risk of overreliance to 5%,what sample size would be appropriate in this situation?

• A)390 items.
• B)568 items.
• C)590 items.
• D)846 items.

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Definitions:

Work Status

The classification of an individual's employment based on criteria such as job type, full-time or part-time designation, and permanency, affecting rights and benefits.

Petit Bourgeoisie

The petit bourgeoisie typically refers to the lower middle class segment in society, often engaged in small-scale businesses or entrepreneurial ventures, possessing modest socioeconomic status.

Gini Index

A measure of the inequality of wealth or income distribution within a country.

Kuznet Curve

An economic theory that suggests inequality increases in the early stages of a country's development but decreases as the country becomes more economically advanced.