Which of the Following Are Factors That Influence the Sample

question 17

Multiple Choice

Which of the following are factors that influence the sample size when testing transactions and balances?

• A)Stratification of the population
• B)The amount of expected misstatement in the population
• C)Tolerable misstatement
• D)Demographics

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Definitions:

HR Estimates

Approximations or forecasts concerning human resources needs, including staffing levels and budgeting for salaries or training.

Human Capital Flow

The change in the stock of human capital over time. Factors that affect the flow of human capital include terminations, promotions, lateral movements, and demotions.

Human Capital Stock

The collective skills, knowledge, and abilities possessed by an organization's workforce considered as an asset or investment.

Forecasting Envelope

A method used to predict the future range of possible outcomes for various scenarios, often used in planning and budgeting.