Since Audit Reports Come in Four Types, Including an Unqualified

question 35

Multiple Choice

Since audit reports come in four types, including an unqualified, qualified, disclaimer, or adverse report, they would be considered __________ data.

• A) categorical
• B) numerical
• C) ratio
• D) interval

---

Definitions:

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of numeric values.

Test Statistic

A numerical measure that summarizes data from a sample to make inferences about a population parameter in hypothesis testing.

Variance

A measure of dispersion indicating how far individual values in a dataset are from the mean.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values tend to be close to the mean.