In a Continuous Audit Client Information Is Released in a Very

question 15

Multiple Choice

In a continuous audit client information is released in a very short timeframe, and auditors' reports on that information follow the release almost immediately. One of the issues for auditors is:

• A) there is enough time for the auditor to gather evidence.
• B) the auditor cannot rely on normal audit procedures.
• C) the auditor cannot use fully automated audit software.
• D) the auditor cannot check the internal control system.

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Definitions:

Representative Samples

A subset of a population that accurately reflects the demographics or characteristics of the entire group, essential for generalizable research findings.

Simple Random Sample

A sample of individuals selected from a population in such a way that everyone is equally likely to be selected. See also Stratified sample.

Stratified Sample

In survey research, a sampling design whereby researchers subdivide the population into groups according to characteristics known or thought to be important, select a random sample of groups, and then draw a sample of units within each selected group.

Convenience Sample

A sampling technique where participants are selected based on their ease of accessibility and availability to the researcher, rather than random selection.