An Advantage of Statistical Sampling Over Non-Statistical Sampling Is That

question 20

Multiple Choice

An advantage of statistical sampling over non-statistical sampling is that statistical sampling helps an auditor to ________.

• A)minimize the failure to detect errors and irregularities
• B)eliminate the risk of non-sampling errors
• C)reduce the level of audit risk and materiality to a relatively low amount
• D)make a preliminary estimate of the appropriate sample size

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Definitions:

Realistic Goals

Achievable aims or objectives set based on practical considerations and the current reality of a situation.

Prognosis

A prediction of the likely course or outcome of a disease or condition based on medical knowledge and patient history.

Withhold Negative

The practice of deliberately not providing negative feedback or information to avoid possible harm or distress.

Dying Patient

An individual in the final stages of life who is approaching death, often requiring palliative care to manage symptoms and ensure comfort.