When Errors Are Found in a Sample, Auditors in Practice

question 129

Multiple Choice

When errors are found in a sample, auditors in practice generally assume

• A) that the population errors cannot be determined.
• 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.

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Definitions:

Common

Occurring frequently or widely accepted and used; usual or shared by most.

Socio-cultural-economic-political Influences

Factors stemming from societal, cultural, economic, and political realms that affect individuals and communities.

Biological Or Genetic

Pertains to the aspects of an organism that are determined by genes and heredity.

Learned Behavior

Behavior that has been acquired through experience or taught, contrasting with behaviors that are instinctual or innate.