Which One of the Following Is NOT a Proper Match

question 87

Multiple Choice

Which one of the following is NOT a proper match of auditor's objective with management's assertion?

• A) Timing matches with valuation or allocation.
• B) Existence matches with existence/occurrence.
• C) Classification matches with presentation/disclosure.
• D) Completeness matches with completeness.

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Definitions:

Confidence Interval

A range of values derived from sample data that is likely to contain the true population parameter with a certain level of confidence.

Statistically Significant

Indicates that an observed effect or result is unlikely to have occurred by chance, suggesting a real impact or difference that is not due to random variation.

Inferential Statistics

A branch of statistics focused on drawing conclusions about populations based on samples.

Power

In statistics, the probability that a test will correctly reject a false null hypothesis; essentially, the test's sensitivity to detect an effect when there is one.