When the Auditor Goes Through a Population and Selects Items

question 64

Multiple Choice

When the auditor goes through a population and selects items for the sample without regard to their size,source,or other distinguishing characteristics,it is called

• A)block selection.
• B)haphazard selection.
• C)systematic selection.
• D)statistical selection.

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Definitions:

Company Approval

The formal consent or authorization given by a company's governing body or decision-makers to proceed with a proposed action or project.

Collaborative Consumption Services

A business model that involves sharing access to goods or services rather than owning them outright, often facilitated by technology.

Higher Pay

Compensation that is above the average or expected amount for a job, often used as an incentive to attract or retain employees.

Flexible Hours

Work arrangements allowing employees to vary their start and end times, providing greater control over personal schedules.