An Example of a Qualitative Factor Auditors Will Consider When

question 103

Multiple Choice

An example of a qualitative factor auditors will consider when determining sample size is _______.

• A)the accounts receivable turnover ratio
• B)the days in receivables ratio
• C)the percentage of bad debt expense
• D)significant turnover in the accounts receivable department

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Definitions:

Change

The act or process through which something becomes different.

Fear Of The Unknown

Anxiety or apprehension about something that is not known or familiar.

Disrupted Habits

Patterns of behavior that have been interrupted or altered, often due to changes in the environment, technology, or personal circumstances, leading individuals to adapt or develop new routines.

Poor Timing

The action or decision taken at an inappropriate time, potentially leading to less effective outcomes or failure.