Audit Sampling Flashcards
1
Q
What is an acronym for determining the sample size for a test of controls?
A
TEA - Tolerable rate of deviation, Expected deviation from rate, and Allowable deviation from assessing control risk too low
What is an acronym for determining the sample size for a test of controls?
TEA - Tolerable rate of deviation, Expected deviation from rate, and Allowable deviation from assessing control risk too low