Question 406
Which of the following factors would increase the confidence level in a variables sampling plan?
I.A larger sample size.
II.
A stratified sample.
III.
A larger standard deviation.
I.A larger sample size.
II.
A stratified sample.
III.
A larger standard deviation.
Question 407
Risk assessments can vary in format, but generally include:
1. A description of identified risks.
2. Tests of audit controls.
3. A system of rating risks.
4. Sample size identification.
1. A description of identified risks.
2. Tests of audit controls.
3. A system of rating risks.
4. Sample size identification.
Question 408
According to the Standards, which of the following would have the least direct interest in the draft report of a compliance review of the purchasing function?
Question 409
Which of the following situations would best support the decision of a chief audit executive (CAE) to defer follow-up activity at a branch office until the next audit engagement?
Question 410
Which of the following has the greatest effect on the efficiency of an audit?