What Is One of the Primary Benefits of Stratifying a Population

question 78

Multiple Choice

What is one of the primary benefits of stratifying a population?

• A)Stratifying the population allows different types of audit procedures to be performed on larger and smaller transactions or components.
• B)Stratifying the population allows the auditor to have a higher likelihood of reaching a favorable conclusion with respect to the client's financial statements.
• C)Stratifying the population allows the auditor to reduce the necessary sample size.
• D)Stratifying the population reduces the auditor's exposure to nonsampling risk.

Develop an understanding of the PROCEED model in the employee selection process.

Analyze the implications and requirements of the Americans with Disabilities Act for employers and employees.

Assess the role and significance of structured interviews in enhancing the employee selection process.

Explain the importance of job-related simulations and situational question types in structured interviews.

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Definitions:

Supervisory Job

A role that involves overseeing the work of others, providing guidance, support, and management to ensure tasks are completed efficiently.

Expectancy Model

A theory in organizational psychology that posits employees are motivated when they believe their efforts will lead to effective performance and, subsequently, desirable rewards.

Effort-performance Probability

The perceived likelihood that one's effort will lead to successful performance or the achievement of desired outcomes.

Task Significance

Refers to the degree to which a job has a substantial impact on the lives or work of other people, either in the immediate organization or in the external environment.