Attribute Sampling Is Used in Which of the Following Situations

question 103

Multiple Choice

Attribute sampling is used in which of the following situations?

• A) Testing rates of deviations of controls.
• B) Testing the reasonableness of account balances.
• C) Need to estimate some amount.
• D) Both A and B.

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Definitions:

Sales

The total amount of goods or services sold over a specific period of time, generating revenue for a business.

Accounts Payable

Liabilities owed by a company to creditors for goods and services received but not yet paid for.