An Advantage of Statistical Sampling Over Nonstatistical Sampling Is That

question 580

Multiple Choice

An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to:

• A) Eliminate the risk of nonsampling errors.
• B) Reduce the level of audit risk and materiality to a relatively low amount.
• C) Measure the sufficiency of the audit evidence obtained.
• D) Minimize the failure to detect errors and fraud.

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Definitions:

Computerized Axial Tomography

A medical imaging technique that uses computer-processed combinations of many X-ray measurements taken from different angles to produce tomographic images (virtual 'slices') of specific areas of a scanned object.

Brain

An organ of the central nervous system responsible for integrating sensory information and directing all voluntary and involuntary actions.

Chemicals

Substances composed of atoms or molecules, often used in the context of synthetic or industrial materials, but also encompassing all matter.

Behavioral Genetics

The study of how genetics and the environment influence behavioral traits.