In the Past,the Auditors Have Found That the Book Value

question 46

Multiple Choice

In the past,the auditors have found that the book value of a receivable account has been related to the amount the account is misstated (i.e. ,large accounts have large misstatements and small accounts have small misstatements) .Which of the following techniques is most likely to be efficient?

• A)Mean-per-unit estimation.
• B)Ratio estimation.
• C)Difference estimation.
• D)Sequential sampling estimation.

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Definitions:

Characteristics

Attributes, traits, or features that describe and distinguish an individual, object, or concept.

Diversity Climate

The organizational atmosphere and employees' perceptions regarding the extent to which an organization values diversity and inclusivity.

Business-unit Performance

The measurement of success, output, or efficiency of a distinct segment of an organization, often treated as a separate entity.

Detrimental Effects

Negative impacts or consequences that harm or disadvantage an individual, group, or environment.