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An Auditor Used Sampling That Has the Statistical Simplicity of Attribute

question 35

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An auditor used sampling that has the statistical simplicity of attribute sampling yet provides a statistical result expressed in dollars.The auditor is using what type of sampling?

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Definitions:

Sales

The total revenue earned by a company from selling goods or services over a specific period of time.

Net Income

A company's financial gain following the deduction of all expenses and taxes from its earnings.

Cost Of Goods Sold

Costs directly involved in the manufacture of products a business sells, specifically labor and materials.

Operating Expenses

Costs associated with the day-to-day functions of a business, excluding costs of goods sold.

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