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The ___________________ and the tolerable population deviation rate have an inverse relationship because the degree of assurance to be provided by the _____________ is higher (lower) when the tolerable population deviation rate is lower (higher
sample size, sample

The sample size and the tolerable population deviation rate have an inverse relationship because the degree of assurance to be provided by the sample is higher (lower) when the ___________________________ is lower (higher
tolerable population, tolerable population deviation rate

The sample size and the tolerable population deviation rate have an ____________________ because the degree of assurance to be provided by the sample is higher (lower) when the tolerable population deviation rate is lower (higher
inverse relationship

A test of controls is an application of attribute sampling. The initial size for an attribute sample is based on (1) _______________________________________________ (2) the tolerable population deviation rate, (3) the expected population deviation rate, and (4) the population size.
(1) the desired assurance (complement of the risk of overreliance) that the tolerable population deviation rate is not exceeded by the actual rate,

A test of controls is an application of attribute sampling. The initial size for an attribute sample is based on (1) the desired assurance (complement of the risk of overreliance) that the tolerable population deviation rate is not exceeded by the actual rate, (2)_____________________________ (3) the expected population deviation rate, and (4) the population size.
(2) the tolerable population deviation rate,

A test of controls is an application of attribute sampling. The initial size for an attribute sample is based on (1) the desired assurance (complement of the risk of overreliance) that the tolerable population deviation rate is not exceeded by the actual rate, (2) the tolerable population deviation rate, (3) _________________________, and (4) the population size.
(3) the expected population deviation rate

A test of controls is an application of attribute sampling. The initial size for an attribute sample is based on (1) the desired assurance (complement of the risk of overreliance) that the tolerable population deviation rate is not exceeded by the actual rate, (2) the tolerable population deviation rate, (3) the expected population deviation rate, and (4) the _________.
(4) the population size.

A test of controls is an application of attribute sampling. The initial size for an attribute sample is based on (1) ___________________________, (2)___________________________, (3)____________________________, and (4) _________________________
(1) the desired assurance (complement of the risk of overreliance) that the tolerable population deviation rate is not exceeded by the actual rate, (2) the tolerable population deviation rate, (3) the expected population deviation rate, and (4) the population size.

A lower performance materiality means that the __________________________ in an account is smaller. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover smaller misstatements.
A lower performance materiality means that the tolerable misstatement in an account is smaller. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover smaller misstatements.

A lower performance materiality means that the tolerable misstatement in an account is _____________. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover smaller misstatements.
A lower performance materiality means that the tolerable misstatement in an account is smaller. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover smaller misstatements.

A lower performance materiality means that the tolerable misstatement in an account is smaller. As a result, the auditor must plan for a ___________________________ and more audit work on the accounts to discover smaller misstatements.
A lower performance materiality means that the tolerable misstatement in an account is smaller. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover smaller misstatements.

A lower performance materiality means that the tolerable misstatement in an account is smaller. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover _____________________.
A lower performance materiality means that the tolerable misstatement in an account is smaller. As a result, the auditor must plan for a larger sample size and more audit work on the accounts to discover smaller misstatements.

The major reason that the difference and ratio estimation methods are expected to produce audit efficiency is that the
Variability of the populations of differences or ratios is less than that of the populations of carrying amounts or audited values.

The risk of _____________________________ is the risk that an auditor erroneously concludes that a material misstatement does not exist when, in fact, it does.
The risk of incorrect acceptance is the risk that an auditor erroneously concludes that a material misstatement does not exist when, in fact, it does.

The determination of sample size for a test of attributes is a function of (1) ________________________ (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the size of the population.
The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the size of the population.

The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) ___________________________ (3) the expected population deviation rate, and (4) the size of the population.
The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the size of the population.

The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) _______________________________, and (4) the size of the population.
The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the size of the population.

The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the____________________________.
The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the size of the population.

The determination of sample size for a test of attributes is a function of (1)_____________________, (2) _______________________ (3) the ______________________, and (4) the ________________________.
The determination of sample size for a test of attributes is a function of (1) the allowable risk of overreliance, (2) the tolerable deviation rate, (3) the expected population deviation rate, and (4) the size of the population.

A CPA’s client wishes to determine inventory shrinkage by weighing a sample of inventory items. If a stratified random sample is to be drawn, the strata should be identified in such a way that
Each stratum differs as much as possible with respect to expected shrinkage, but the shrinkages expected for items within each stratum are as close as possible.

The use of the ratio estimation sampling technique is most effective when
The calculated audit amounts are approximately proportional to the client’s carrying amounts

