Which of the Following Would Provide the Greatest Assurance of the Accuracy

question 337

Multiple Choice

Which of the following would provide the greatest assurance of the accuracy of a computer program's computation of freight charges for catalog sales?

• A) Use discovery sampling, selecting transactions from invoices which should have freight charges added to them.
• B) Use either test data or parallel simulation to test the computer application.
• C) Use difference estimation, selecting transactions from invoices which should have freight charges added to them.
• D) Use generalized audit software to select a monetary-unit sample of invoices that have been billed to customers.

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Definitions:

Bimodal

Describes a distribution having two distinct peaks or modes, indicating the presence of two dominant groups or values within the dataset.

Coefficient Of Variation

A uniform metric for assessing the spread of a probability distribution or frequency distribution, determined by dividing the standard deviation by the mean.

Coefficients Of Skewness

Measures used to quantify the degree of asymmetry of a distribution around its mean, indicating whether a distribution tails off more to one side or the other.

Skewness

A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.