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Jennthejelly Jennthejelly
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A year ago
Which of the following represents the best description of the tolerable exception rate?

▸ the highest exception rate the auditor will permit in the control being tested and still conclude it is operating effectively

▸ the highest exception rate the auditor expects to find in the population

▸ the number of exceptions found in the sample divided by the sample size

▸ the highest estimated exception rate in a population at a given estimated population exception rate.
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Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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sportzchik15sportzchik15
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A year ago
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