Explanation Sample size: The sample size is the portion of the total population that represents the total population. The auditor conducts sampling test on the selected sample. Large sample size would represent the population more accurately but considering a large sample size would be a complex and expensive process. The auditor should select the sample size that would represent the entire population precisely and accurately. a. According to the AICPA sampling tables, the sample size for tolerable rate of deviation of 7%, a risk of overreliance of 5%, and an expected population deviation rate of 0% is 42... To determine Write the comments for the relationship of each factor to sample size.

8th Edition

ISBN: 9781264979516

Author: LOUWERS

Publisher: MCG CUSTOM

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Question

Chapter F, Problem 61EP

To determine

Determine the sample size by using AICPA sample size tables.

To determine

Write the comments for the relationship of each factor to sample size.

Expert Solution & Answer

Chapter F Solutions

AUDIT+ASSURANCE SERVICES (LL) W/CONNECT

Ch. F - Prob. 1RC Ch. F - Prob. 2RC Ch. F - Prob. 3RC Ch. F - Prob. 4RC Ch. F - Prob. 5RC Ch. F - Prob. 6RC Ch. F - Prob. 7RC Ch. F - Prob. 8RC Ch. F - Prob. 9RC Ch. F - Prob. 10RC

Ch. F - Prob. 11RC Ch. F - Prob. 12RC Ch. F - Prob. 13RC Ch. F - Prob. 14RC Ch. F - Prob. 15RC Ch. F - Prob. 16RC Ch. F - Prob. 17RC Ch. F - Prob. 18RC Ch. F - Prob. 19RC Ch. F - Prob. 20RC Ch. F - Prob. 21RC Ch. F - Prob. 22RC Ch. F - Prob. 23RC Ch. F - Prob. 24RC Ch. F - Prob. 25RC Ch. F - Prob. 26RC Ch. F - Prob. 27MCQ Ch. F - Prob. 28MCQ Ch. F - Prob. 29MCQ Ch. F - Prob. 30MCQ Ch. F - Prob. 31MCQ Ch. F - Prob. 32MCQ Ch. F - Prob. 33MCQ Ch. F - Prob. 34MCQ Ch. F - Prob. 35MCQ Ch. F - Prob. 36MCQ Ch. F - Prob. 37MCQ Ch. F - Prob. 38MCQ Ch. F - Prob. 39MCQ Ch. F - Prob. 40MCQ Ch. F - Prob. 41MCQ Ch. F - Prob. 42MCQ Ch. F - Prob. 43MCQ Ch. F - Prob. 44MCQ Ch. F - Prob. 45MCQ Ch. F - Prob. 46MCQ Ch. F - Prob. 47MCQ Ch. F - Prob. 48MCQ Ch. F - Prob. 49MCQ Ch. F - Prob. 50MCQ Ch. F - Prob. 51EP Ch. F - Prob. 52EP Ch. F - Prob. 53EP Ch. F - Prob. 54EP Ch. F - Prob. 55EP Ch. F - Prob. 56EP Ch. F - Prob. 57EP Ch. F - Prob. 58EP Ch. F - Prob. 59EP Ch. F - Prob. 60EP Ch. F - Prob. 61EP Ch. F - Prob. 62EP Ch. F - Prob. 63EP Ch. F - Prob. 64EP Ch. F - Prob. 65EP Ch. F - Prob. 66EP Ch. F - Prob. 67EP Ch. F - Prob. 68EP Ch. F - Prob. 69EP Ch. F - Prob. 70EP Ch. F - Prob. 71EP Ch. F - Prob. 72EP Ch. F - Prob. 73EP Ch. F - Prob. 74EP Ch. F - Prob. 75EP Ch. F - Prob. 76EP Ch. F - Prob. 77EP Ch. F - Prob. 78EP Ch. F - Prob. 81EP

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