Which of the Following Best Describes the Distinguishing Feature of Statistical

question 28

Multiple Choice

Which of the following best describes the distinguishing feature of statistical sampling?

• A) It requires the examination of a smaller number of supporting documents.
• B) It provides a means for measuring mathematically the degree of uncertainty that results from examining only part of a population.
• C) It reduces the problems associated with the auditor's judgment concerning materiality.
• D) It is evaluated in terms of two parameters: statistical mean and random selection.

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Definitions:

Just-World Phenomenon

The cognitive bias that a person's actions are inherently inclined to bring morally fair and fitting consequences to that individual, to the end of all noble actions are rewarded and evil actions are punished.

Scapegoating

The practice of singling out any party for unmerited negative treatment or blame.

Other-Race Effect

The tendency to more easily recognize faces of one's own race, compared to faces of other races, often attributed to social and cognitive factors.

Aggression

Behavior aimed at causing harm or pain to another being, which can be physical or verbal.