Which of the Following May Be Used to Reduce the Risk

question 83

Multiple Choice

Which of the following may be used to reduce the risk of nonsampling errors?

• A)Increasing the size of audit samples.
• B)Stratifying audit samples.
• C)Adequately planning audit samples.
• D)Using statistical sampling techniques.

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Definitions:

Algorithm

A set of rules or procedures for solving a problem in a finite number of steps, often used in computer programming.

Base-Rate Information

Statistical data that indicates the prevalence of a particular phenomenon in a given population.

Categorization-By-Levels

A cognitive process in which objects, ideas, or information are organized into hierarchical categories based on common properties or attributes, simplifying complexity and enhancing understanding.

Categorization-By-Features

The process of organizing objects or concepts into groups based on shared characteristics or attributes.