Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the tolerable deviation rate in sampling for tests

The tolerable deviation rate in sampling for tests of controls is __________. used...

90.2K

Verified Solution

Question

Accounting

The tolerable deviation rate in sampling for tests of controls is __________.

used to determine the probability of the auditor's conclusion based upon reliance factors

the probability that the financial statements are not materially in error

a measure of the reliability of substantive tests

the rate the auditor will tolerate without modifying the planned assessment of control risk

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

These problems may be solved using Minitab. Copy and paste the appropriate Minitab output into a word-processed...

Basic Math
Q

Persistent pesticides undergo choose your answer choose your answer meaning they become more concentrated as...

Biology
Q

The following frequency table summarizes a set of data What is the five number summary...

Statistics
Q

1 Find an equation of the tangent line to the graph of the function at...

Calculus
Q

Question 11 3 pts Fox Co. signed a 7-year lease at the beginning of 2020,...

Accounting
Q

CP11-4 (Algo) Calculating Common and Preferred Cash Dividends [LO 11-2, LO 11-3, LO 11-4) Tower...

Accounting
Q

[The following information applies to the questions displayed below.] Simon Company's year-end...

Accounting
Q

Chapter 10 Homework (Application) Exercise 10-16 (Algorithmic) (LO. 3, 4) Tabitha sells real estate on...

Accounting
Q

ABC Company is a private company reporting under ASPE. It had the following balances in...

Accounting
Q

Required information [The following information applies to the questions displayed below] Tyrell Company entered into...

Accounting
Q

Which of the following statements regarding Net Present Value (NPV) is INCORRECT? A. When faced...

Finance
Q

The company's adjusted trial balance as follows includes the following accounts balances: Cash, $15,000; Equipment,...

Accounting