When the Auditor Intends to Evaluate a Sample Statistically,the Only

question 20

Multiple Choice

When the auditor intends to evaluate a sample statistically,the only acceptable selection method is

• A)probabilistic selection.
• B)judgmental selection.
• C)haphazard selection.
• D)block selection.

---

Definitions:

Nonconsumer Transaction

A transaction that primarily involves goods, services, or property intended for business or commercial purposes, rather than personal, family, or household use.

Personal Claims

Legal claims relating to or affecting a person's private rights, often involving compensation for personal harm or damage.

Defenses

Legal arguments and strategies used by a defendant to challenge the validity of the plaintiff's claims.

Holder in Due Course

A legal term referring to a person who has received a negotiable instrument in good faith and for value, enjoying certain protections against defects in the instrument and prior claims.