In Performing Tests of Controls Over Authorization of Cash Disbursements,which

question 3

Multiple Choice

In performing tests of controls over authorization of cash disbursements,which of the following statistical sampling methods would be most appropriate?

• A)Variables.
• B)Stratified.
• C)Ratio.
• D)Attributes.

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Definitions:

Bar Charts

A graphical representation of data using bars of different heights or lengths proportional to the values they represent.

Promotional Customers

Customers who engage with or purchase from a business primarily during promotional campaigns or through special offers.

Multivariate Data

Data involving two or more variables that are analyzed together to understand relationships and interactions between them.

Nominal Variables

Factors that denote classifications lacking any inherent sequence or hierarchy.