choose the correct answers 3. Which of the following summarizes when analytical procedures are...
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Accounting
choose the correct answers
3. Which of the following summarizes when analytical procedures are required to be performed on an audit? (multiple answers) Planning Substantive tests Final review 20. An increase in the tolerable deviation rate is most likely to be accompanied by an increase in the a planned assessed level of control risk b. required sample size for test of controls c. risk of assessing control risk too high Od population size 21. An advantage of classical variables sampling approach over probability- proportional-to-size sampling is that: a. items with zero or negative balances do not require special treatment. bthe techniques are easier to use. c. no estimate of the standard deviation of the population is needed. d. when few misstatements are expected, the approach will generally result in a smaller sample size
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