Chapter 8, Problem 41RSCQ

To determine

Introduction:Sample size is the basic unit of the audit to examine the sample risk, tolerance limit and sample error.

Requirement 1

To determine the effect on sample size of increasing of the sampling risk.

To determine

Introduction:Sample size is the basic unit for the audit. Tolerable limit is set by the auditor before auditing to control the risk.

Requirement 2

To determine the effect on sample size of increasing of tolerable rate of deviation.

To determine

Introduction:The basic unit of audit is sample size. The population deviation rate is the limit of the auditor to control the risk without altering the plan.

Requirement 3

To determine the effect on sample size of increasing of population deviation rate.

To determine

Introduction:Sample size is decided by the auditor to minimize the risk level.

Requirement 4

To determine the effect on sample size of increasing of population size.