If an Auditor Would Like to Estimate How Many Sales

question 77

Multiple Choice

If an auditor would like to estimate how many sales invoices have errors (such as no required order number showing or authorization for customers exceeding their credit limit) ,the auditor would likely use

• A)random sampling with replacement.
• B)sampling for attributes.
• C)sampling for variables.
• D)stratified random sampling.

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Definitions:

Bipolar

A psychiatric diagnosis characterized by significant mood swings, including manic highs and depressive lows.

Mutually Exclusive Alternatives

Options in a decision-making scenario that cannot be chosen or occur together.

Unconscious

A part of the mind that contains thoughts, memories, and desires not within the realm of conscious awareness, deeply influencing behavior and thoughts according to psychoanalytic theory.

Ego

A psychoanalytic term referring to the part of the personality that mediates between the demands of the id, superego, and reality.