Tolerable error, is the maximum monetary error that the auditor is prepared to accept in the population and still conclude that audit objective has been achieved, is directly related to:

Uday Singh • 7.23K Points
Tutor III

Q. Tolerable error, is the maximum monetary error that the auditor is prepared to accept in the population and still conclude that audit objective has been achieved, is directly related to:

(A) Sample size

(B) Audit risk

(D) Expected error

Correct Answer - Option(C)
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Q. Tolerable error, is the maximum monetary error that the auditor is prepared to accept in the population and still conclude that audit objective has been achieved, is directly related to:

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