Which One of the Following Statements Is True

question 59

Multiple Choice

Which one of the following statements is true?

• A) It is usually easier for the auditor to uncover errors than fraud.
• B) It is usually equally difficult for the auditor to uncover errors or fraud.
• C) It is usually easier for the auditor to uncover fraud than errors.
• D) None of the above

---

Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, typically mean, estimating the variability.

Confidence Interval

A lineup of values, acquired through sample analysis, supposed to include the unascertained value of a population parameter.

Sample

A smaller group chosen from a larger population for the purposes of conducting surveys, observations, or interviews to gather data representative of the whole population.