The Justification for the Wide Use of Non-Statistical Sampling in Auditing

question 4

Multiple Choice

The justification for the wide use of non-statistical sampling in auditing is due to:

• A) cost/benefit considerations.
• B) classical decision theory.
• C) the concept of due care.
• D) professional scepticism.

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Definitions:

Reconstruction

The period following the Civil War in which the United States endeavored to reintegrate Southern states from the Confederacy and 4 million newly freed African Americans into the social, political, and economic life of the country.

Muller V. Oregon

A landmark U.S. Supreme Court case in 1908 that upheld a law limiting women's workday to 10 hours, based on the need to protect women's health for maternal purposes.

Supreme Court

The highest federal court in the United States, which has the ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.

Scientific Management

An approach to management focused on optimizing efficiency, improving labor productivity, and reducing waste through careful observation and measurement of tasks.