Which of the Following Most Likely Would Be an Advantage

question 29

Multiple Choice

Which of the following most likely would be an advantage in using classical variables sampling rather than monetary-unit sampling?

• A)An estimate of the standard deviation of the population's recorded amounts is not required.
• B)The auditor rarely needs the assistance of a computer program to design an efficient sample.
• C)Inclusion of zero and negative balances generally does not require special design considerations.
• D)Any amount that is individually significant is automatically identified and selected.

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Definitions:

Intuitionism

A philosophical theory that suggests moral truths are known through intuition, asserting that humans have a natural faculty that gives us an understanding of what is morally right or wrong.

Adherents

Individuals who support or follow a particular leader, party, or philosophy.

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles, considering the impact of decisions on stakeholders.

Actor's Perspective

An approach or viewpoint from the individual involved in an action or event, emphasizing personal experience and agency.