If the Auditors Do Not Have Access to All the Information

question 117

Multiple Choice

If the auditors do not have access to all the information relevant to the audit, this is known as a(an) ________.

• A)material misstatement
• B)limitation in scope
• C)estimate
• D)sampling technique

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Definitions:

Fixed Ratio

A reinforcement schedule in which a response is rewarded only after a certain number of responses have been made, resulting in a consistent and high rate of responding.

Variable Ratio

A reinforcement schedule in which a response is rewarded after a random number of responses, leading to a high resistance to extinction.

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, leading to a pattern of responses.

Variable Interval

Variable interval refers to a type of reinforcement schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed, leading to a steady and resistant response rate.