Question

The sample exception rate equals

A. the number of exceptions in the population divided by the population size.
B. the number of exceptions in the sample divided by the sample size.
C. the number of items in the population multiplied by the number of exceptions in the sample.
D. the number of exceptions in the population divided by the sample size.

Answer 1

B. The number of exceptions in the sample divided by the sample size.

Step-by-step explanation:

Is a statistical test to know the number of exceptions in a sample. An exception is an observation that deviates from the tested characteristic. Auditors use this test to know if the sampling process was appropriate. Other tests used to know if the sampling process was appropriate are: acceptable risk of assessing control, estimated population exception rate and tolerable exception rate.