What is the sample rate of deviation? How does the audit team calculate it?
Chapter1: Financial Statements And Business Decisions
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What is the sample rate of deviation? How does the audit team calculate it?
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The sample deviation rate represents the rate of deviation from key controls written down by the audit team members in their sample. The audit team calculate the sample rate of deviation is by dividing the number of deviation written down in the sample by the sample size.
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