Which of the following factors used to determine sample size is normally based on the extentto which the audit team expects to rely on the internal control being examined?a. Allowance for sampling risk.b. Expected population deviation rate.c. Sample rate of deviation.d. Tolerable rate of deviation
Which of the following factors used to determine sample size is normally based on the extentto which the audit team expects to rely on the internal control being examined?a. Allowance for sampling risk.b. Expected population deviation rate.c. Sample rate of deviation.d. Tolerable rate of deviation
Which of the following factors used to determine sample size is normally based on the extentto which the audit team expects to rely on the internal control being examined?a. Allowance for sampling risk.b. Expected population deviation rate.c. Sample rate of deviation.d. Tolerable rate of deviation
Which of the following factors used to determine sample size is normally based on the extent to which the audit team expects to rely on the internal control being examined? a. Allowance for sampling risk. b. Expected population deviation rate. c. Sample rate of deviation. d. Tolerable rate of deviation
Definition Definition Number of subjects or observations included in a study. A large sample size typically provides more reliable results and better representation of the population. As sample size and width of confidence interval are inversely related, if the sample size is increased, the width of the confidence interval decreases.
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