When Errors Are Found in a Sample, Auditors in Practice

question 24

Multiple Choice

When errors are found in a sample, auditors in practice generally make the assumption:

• A)of a 100% assumption for all errors.
• B)that the population errors are larger than the sample errors.
• C)that the population errors are smaller than the sample errors.
• D)that the actual sample errors are representative of the population errors.

---

Definitions:

Resolving

The process of finding solutions to disputes, conflicts, or complex issues.

Venue

The geographic location in which a case is tried or a legal matter is to be decided.

Court

A governmental institution authorized to resolve legal disputes and administer justice in civil, criminal, and administrative matters.

Jurisdiction

The legal power or authority given to a court or other legal body to hear and decide cases.