DISCOVERY SAMPLING Definition

Bookmark and Share

DISCOVERY SAMPLING is sampling to determine whether internal control compliance is greater than or less than the tolerable deviation rate when the expected attribute occurrence rate is zero.

Learn new Accounting Terms

PROFITABILITY RATIOS are measures of performance showing how much the firm is earning compared to its sales, assets or equity.

AUDIT DOCUMENTATION see WORKING PAPERS.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.