The Sample Size Can Be Determined Once the Auditor Specifies

question 85

Multiple Choice

The sample size can be determined once the auditor specifies

• A)the tolerable rate of exceptions
• B)the expected rate of exceptions
• C)the desired level of assurance
• D)the actual rate of deviation
• E)the tolerable rate of deviation
• F)both A and B
• G)both C and E
• H)both D and E

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Definitions:

Human Capital

The knowledge, skill sets, and abilities that employees bring to the workplace, viewed as an asset to the organization.

Value

The importance or worth of something, often used in the context of the benefits or usefulness it holds.

Rareness

Denotes the scarcity or uniqueness of resources or capabilities within an organization that contribute to its competitive edge.

Attitudes

Established ways of thinking or feeling about someone or something, typically reflected in a person's behavior.