Which of the following statements is correct concerning statistical sampling in tests of controls?

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Here is the solution for Which of the following statements is correct concerning statistical sampling in tests of controls?. The solution is given after the options.

Which of the following statements is correct concerning statistical sampling in tests of controls?

As the population size increases, the sample size should increase proportionately.

Deviations from specific control activities at a given rate ordinarily result in misstatements at a lower rate.

There is an inverse relationship between the expected population deviation rate and the sample size.

In determining tolerable rate, an auditor considers detection risk and the sample size.

Correct Answer

Deviations from specific control activities at a given rate ordinarily result in misstatements at a lower rate.

Explanation:

Deviations from specific control activities at a given rate ordinarily result in misstatements at a lower rate. is the answer for Which of the following statements is correct concerning statistical sampling in tests of controls?

Conclusion:

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