If the Auditor Believes That There Will Be More Than

question 67

Multiple Choice

If the auditor believes that there will be more than just a few exceptions discovered, and desires an accurate estimate of the dollar value of the exceptions, he or she will use

• A) attributes sampling.
• B) monetary unit sampling.
• C) block sampling.
• D) variables sampling.

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Definitions:

Both Parties

Refers to the two sides or entities involved in a discussion, negotiation, or legal matter.

Identify Interests

The process of recognizing and understanding one's own preferences, desires, and areas of focus or concern.

Ambiguity

Refers to uncertainty or inexactness of meaning in language.

Dictionary

A reference book containing an alphabetical list of words, with information given for each word, typically including meaning, pronunciation, and etymology.