An Advantage of Using Statistical Over Nonstatistical Sampling Methods in Tests

question 99

Multiple Choice

An advantage of using statistical over nonstatistical sampling methods in tests of controls is that the statistical methods:

• A) Can more easily convert the sample into a dual-purpose test useful for substantive testing.
• B) Eliminate the need to use judgment in determining appropriate sample sizes.
• C) Afford greater assurance than a nonstatistical sample of equal size.
• D) Provide an objective basis for quantitatively evaluating sample risk.

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Definitions:

Multiple Versions

Having several different versions of a document, software, or system, often saved or managed for backup, testing, or development purposes.

Start Menu

The primary menu in Windows operating systems that provides access to programs, folders, and system settings.

Playlist

A collection of audio or video files that can be played back on a media player sequentially or in a shuffled order.

Grouped

In databases or software applications, it refers to the organization of data by specific categories for easier analysis and management.