in variable sample, the risk of incorrect acceptance

1) in variable sample, the risk of incorrect acceptance is that the sample indicates thata) a control procedure is operating effectively when it is notb) a control procedure is not operating effectively when it isc) an account is fairly stated when it isn’td) an account is not fairly stated when it is2) the auditor decides to test the account receivable sample using sampling. their client has paymen term of net 30. all invoices over 90 days past due written off as bad debt. which of the following would be use as sample population? select all that applya) sales invoices for the year under auditb) uncollected invoices as of year endc) customer account balance as of year endd) sales invoices issued during last 90 days of the year under audit3) the client requires purchase manager approval, in writing, of all purchase order. which of the following would consider a deviation in an auditor’s test of that control procedure? select all that applya) there was no supervior signature on a sample purchase orderb) a purchase order selected selected for testing could not be locatedc) one of the purchase order selected was voidedd) one of the purchase order selected was signed by lead purchase agent. according to the agent, the purchase manager was on the vacation when the purchase order was created4) the auditor expected the deviation rate of 2% in their testing of internal control and would tolerate deviation of 5%. which of the following statement is TRUE assuming the sample size was 40?a) the control could only be relied upon if they found no more than 1 deviation from the control in a 40 items testedb) the control l could be relied upon if they found 2 deviation fromm the control in 40 items testedc) if the auditor found 10 errors, they should test more items before concluding the effective of the controld) none of the above statement is true5) which of the following sample of nonsampling risk ? select all that applya) the sample is not representativeb) the auditor perform step improperlyc) the poplulation sample is not completed) the auditor misinterprets the test result