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Which of the following best describes what the auditor means by the exception rate in the attribute ...

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Which of the following best describes what the auditor means by the exception rate in the attribute ...

Which of the following best describes what the auditor means by the exception rate in the attribute sampling plan? The
A) number of errors that can reasonably be expected to be found in a population.
B) frequency with which a certain characteristic occurs within a population.
C) degree of confidence that the sample is representative of the population.
D) dollar range within which the true population total can be expected to fall.

Textbook

Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Edition: 12^th

Authors: Arens, Elder, Beasley, Splettstoesser

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