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Exam AUD topic 1 question 876 discussion

Actual exam question from AICPA's AUD
Question #: 876
Topic #: 1
[All AUD Questions]

In determining the sample size for a test of controls, an auditor should consider the likely rate of deviations, the allowable risk of assessing control risk too low, and the:

  • A. Tolerable deviation rate.
  • B. Risk of incorrect acceptance.
  • C. Nature and cause of deviations.
  • D. Population size.
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Suggested Answer: A 🗳️
Choice "A" is correct. The auditor should consider the tolerable rate of deviation from the control structure policies or procedures being tested, the likely rate of deviations, and the allowable risk of assessing control risk too low.
Choice "B" is incorrect. The risk of incorrect acceptance is relevant for substantive tests of details rather than tests of controls.
Choice "C" is incorrect. The nature and cause of the deviation is not considered in determining a sample size for tests of controls.
Choice "D" is incorrect. The population size is generally not considered in determining a sample size for tests of controls.
by gemazyni at April 5, 2025, 5:14 p.m.

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