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The Tolerable Deviation Rate in Sampling for Tests of Controls

Question 65

Multiple Choice

The tolerable deviation rate in sampling for tests of controls is:


A) Used to determine the probability of the auditor's conclusion based upon reliance factors.
B) The probability that the financial statements are not materially in error.
C) A measure of the reliability of substantive tests.
D) The rate the auditor will tolerate without modifying the planned assessment of control risk.

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