The Auditing Standards Indicate That

question 30

Multiple Choice

The auditing standards indicate that

• A)it is preferable to use statistical sampling instead of nonstatistical sampling.
• B)it is preferable to use nonstatistical sampling instead of statistical sampling.
• C)it is equally acceptable to use either statistical or nonstatistical sampling.
• D)nonstatistical sampling should only be used if statistical sampling is too costly to use.

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Definitions:

Attributed Responsibility

The process of assigning accountability or blame to individuals or entities for actions or outcomes.

Considerable Power

Significant influence or control over situations, decisions, or other people often evident in leadership or hierarchical positions within organizations.

Figurehead

A person holding a position of nominal leadership but with limited actual authority, often symbolic in nature.

Impression Management

entails the process by which individuals attempt to control or influence the perceptions others have of them, often through strategic self-presentation and social behavior.