The Confidence Factor for Nonstatistical Sampling Is Based On

question 20

Multiple Choice

The confidence factor for nonstatistical sampling is based on:

• A)the number of items in the account.
• B)auditor judgment.
• C)the risk of misstatement in the account and the level of desired confidence.
• D)variability in the population and the risk of misstatement in the account.

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Definitions:

Java Console Application

A Java program that runs in a text-based console environment, typically executing tasks and returning text output.

Displays Result

Refers to the action of showing the output or outcome of a program's execution to the user.

DecimalFormat Class

A class in Java that provides the ability to format decimal numbers into strings with a specific pattern, being part of the java.text package.

Display 57.32%

A specific instruction or method call in a program, likely related to rendering or showing a percentage value, such as displaying progress or completion rate.