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Which word properly completes each of the following statements?
Decreasing the risk of assessing control risk too low from
10% to 5% will cause the sample size to: ___ Increase___ Decrease
Decreasing the tolerable deviation rate from 5% to 4% will
cause the sample size to: ___ Increase___ Decrease
Decreasing the expected population deviation rate from
1% to 0.5% will cause the sample size to: ___ Increase___ Decrease
The following list of possible deviations from prescribed controls has been recorded in the internal auditor
Answer & Explanation
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