Which of the Following Statements Is Correct When Dealing with Sampling

question 7

Multiple Choice

Which of the following statements is correct when dealing with sampling for exception rates?

• A) The term exception refers to both deviations from the client's control procedures and amounts that are not monetarily correct.
• B) When used with sampling, the term deviation is synonymous with the term exception.
• C) The actual population exception rate is the same as the sample exception rate.
• D) In using audit sampling for exception rates, the auditor is most concerned with the confidence interval.

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Definitions:

Sensory Information

Data received by the senses which then can be processed by the brain to inform about the environment.

Joints

Joints are the locations where two or more bones meet, allowing for movement and flexibility.

Organ of Corti

A structure located on the basilar membrane in the cochlea of the inner ear, responsible for detecting sound vibrations.

Cochlea

The inner ear; the bony tube that contains the basilar membrane and the organ of Corti.