When Statistical Sampling Is Used,the Sample Selected Must Be a Probabilistic

question 37

Multiple Choice

When statistical sampling is used,the sample selected must be a probabilistic one.In addition,the auditor should

• A)use the haphazard selection method to make sure that the sample is properly selected.
• B)use appropriate statistical evaluation methods of nonsampling risk computations.
• C)request the client to review the sample and approve all items that are selected.
• D)use appropriate statistical evaluation methods of sampling risk computations.

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Definitions:

Conservatism

A political and social philosophy that promotes retaining traditional social institutions and values, often in opposition to rapid changes and innovations.

Sensorimotor Stage

In Piaget’s theory, the stage (from birth to nearly 2 years of age) during which infants know the world mostly in terms of their sensory impressions and motor activities.

Piaget

A Swiss psychologist renowned for his pioneering work in child development and his theory of cognitive development which describes how children construct a mental model of the world.

Concrete Operational

Pertains to a stage in Piaget's theory of cognitive development, where children gain the ability to think logically about concrete events.