Which of the Following Best Describes What the Auditor Means

question 27

Multiple Choice

Which of the following best describes what the auditor means by the exception rate in the attribute sampling plan? The

• A)number of errors that can reasonably be expected to be found in a population.
• B)frequency with which a certain characteristic occurs within a population.
• C)degree of confidence that the sample is representative of the population.
• D)dollar range within which the true population total can be expected to fall.

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Definitions:

Scientific Management

A management theory that emphasizes the use of scientific methods to optimize labor productivity and economic efficiency, originally developed by Frederick W. Taylor.

Vested Interests

Stakeholders or individuals who have a personal stake or benefit in a particular outcome or decision.

Political Sites

Locations or platforms where political activity, discourse, or engagement occurs, ranging from physical spaces like parliaments to digital forums.

Democratic Government

refers to a system of governance where power is vested in the hands of the people, who exercise power directly or through elected representatives, based on principles of freedom, equality, and justice.