Audit Sampling Is the Application of an Audit Procedure

question 53

Multiple Choice

Audit sampling is the application of an audit procedure:

• A) using statistical methods to evaluate the propriety of the account balance or class of transactions.
• B) to less than 100 per cent of the items within an account balance or class of transactions for the purpose of evaluating some characteristics of the balance or class.
• C) applied to items selected randomly.
• D) on a test basis.

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Definitions:

Human Genome

The entire collection of human nucleic acid sequences, represented as DNA across the 23 pairs of chromosomes in cell nuclei and a small DNA molecule located in the mitochondria of each cell.

Biological Function

The roles and activities through which living organisms survive, such as reproduction and metabolism.

Genetic Screening

The process of testing individuals for the presence of specific genes or genetic mutations that may lead to disease, often used for early detection of genetic disorders.

Single Gene Mutations

Alterations in the DNA sequence of a single gene, which can lead to changes in protein structure and function, potentially causing genetic disorders.