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Audit program Discuss the purpose of the audit program and its importance to the auditor.
Probability
The quantification of the probability that an event will take place, expressed as a number from 0 to 1, with 0 signifying that the event cannot occur and 1 signifying absolute certainty of occurrence.
Defects
Imperfections or faults in a product, process, or system that deviate from desired specifications.
Fabric
A material made by weaving, knitting, pressing, or bonding that may be used in the production of clothing, household items, and other goods.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean.
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