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Accounting

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3. Calculate the maximum deviation rate, the sample-size deviation rate, and the allowance for sampling risk for the following sample results: Risk of assessing control risk too low Sample size Actual number of deviations Tolerable deviation rate (achieved) Sample deviation rate Allowance for sampling risk 10% 10% 10% 40 60 90 4. TAKE HOME 3. Calculate the maximum deviation rate, the sample-size deviation rate, and the allowance for sampling risk for the following sample results: Risk of assessing control risk too low Sample size Actual number of deviations Tolerable deviation rate (achieved) Sample deviation rate Allowance for sampling risk 10% 10% 10% 40 60 90 4. TAKE HOME

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