7.  In determining the number of documents to select for a t…

7.  In determining the number of documents to select for a test to obtain assurance that all sales have been properly authorized, an auditor should consider the tolerable rate of deviation from the control activity.  The auditor should also consider the:      I.  Allowable risk of assessing control risk too high.     II.  Likely rate of deviation.

7.  In determining the number of documents to select for a t…

7.  In determining the number of documents to select for a test to obtain assurance that all sales have been properly authorized, an auditor should consider the tolerable rate of deviation from the control activity.  The auditor should also consider the:      I.  Allowable risk of assessing control risk too high.     II.  Likely rate of deviation.