Which one of the following issues need not be addressed when planning an audit sample to test control procedures?
a. Audit objective of the test.
b. Minimum failure rate.
c. Expected population deviation rate.
d. Auditor's allowable risk of assessing control risk too low.
b
Business
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_____________: Employee knowledge, skills, abilities that have economic value
Fill in the blank(s) with the appropriate word(s).
Business
A disadvantage of using purchased liquidity management to manage a FI's liquidity risk is
A. the resulting shrinkage of the FI's balance sheet. B. the relatively high cost of purchased liabilities. C. the accessibility of international money markets. D. tax considerations. E. loss of flexibility as a result of dependence upon purchased liabilities.
Business