When Confirming Receivables in Testing for Overstatements,assume That There Are

question 72

Multiple Choice

When confirming receivables in testing for overstatements,assume that there are few or no misstatements expected and the selection will be based on the dollar value of individual items.Which of the following is the auditor most likely to use?

• A)MUS sampling.
• B)Stratified mean-per-unit sampling.
• C)Ratio estimation sampling.
• D)Attribute sampling.

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Definitions:

Self-regulation

The ability to monitor and control one's own behavior, emotions, or thoughts, adapting to circumstances and achieving personal or professional goals.

Self-control

The capacity to regulate one's thoughts, emotions, and behaviors in the face of temptations and impulses.

Habits

Regular behaviors or practices that are performed automatically, often without conscious thought.

Autism Spectrum Disorder

A developmental disorder characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication, presenting a wide range of skills and impairments.