When Determining the Sample Size,the Auditor Must Realize That for Most

question 97

Multiple Choice

When determining the sample size,the auditor must realize that for most purposes:

• A)sampling risk is high.
• B)tolerable failure rate is predetermined.
• C)a failure rate is not to be expected.
• D)population size is not a major factor.

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Definitions:

Antihistamine

A type of medication used to relieve allergic reactions by blocking the action of histamine.

Schedule III

A classification for drugs that have a moderate to low potential for physical and psychological dependence, as defined by regulatory authorities.

Talbutal

A barbiturate derivative used as a sedative and hypnotic drug.

Paregoric

An opium tincture used historically to treat diarrhea by decreasing bowel movements and to alleviate pain with its sedative effects.