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:

Chemoreceptors

Sensory receptors in organisms that detect chemical stimuli in the environment, playing a key role in taste and smell.

Gustation

The sense of taste, or the act of discerning flavors through receptors in the mouth.

Olfaction

The sense of smell, a chemical sense in which odorants are detected by olfactory receptors.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which converts light into electrical signals sent to the brain via the optic nerve.