An Advantage of Using Statistical Sampling Techniques Is That Such

question 76

Multiple Choice

An advantage of using statistical sampling techniques is that such techniques:

• A) Mathematically measure risk.
• B) Eliminate the need for judgmental decisions.
• C) Define the values of allowance for sampling risk and tolerable misstatement required to provide audit satisfaction.
• D) Have been established in the courts to be superior to judgmental sampling.

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Definitions:

Culturally Diverse

Descriptive of a group or society composed of individuals from various ethnic, racial, religious, or national backgrounds.

First Session

The initial meeting or encounter in a series, particularly in therapeutic, educational, or professional contexts.

Culturally Diverse

Describes a group, organization, or society that includes individuals from multiple cultural backgrounds, promoting a variety of perspectives and experiences.

Emotionally Impact

The significant effect or influence that events, interactions, or experiences have on an individual's emotional state.