An Advantage of Using Statistical Sampling Techniques Is That Such

question 95

Multiple Choice

An advantage of using statistical sampling techniques is that such techniques

• A) quantify sampling risk.
• B) eliminate the need for judgmental decisions.
• C) define the values of precision and reliability required to provide audit satisfaction.
• D) have been established in the courts to be superior to judgmental sampling.

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Definitions:

Middle Adulthood

A stage of human development typically ranging from the mid-40s to the mid-60s, characterized by increased focus on personal and professional achievement, stability, and preparing for retirement.

Biological Decline

The process of physical deterioration in organisms, often associated with aging, leading to decreased functionality of organs and systems.

Background Noise

Ambient sound that is present in a scene or environment, which may not be the focus of attention but can affect perception and behavior.

High-pitched Frequencies

Sounds that have a high frequency, typically perceived as having a sharp, often uncomfortable tone.