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Variables Sampling Is the Application of an Audit Procedure to Less

question 44

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Variables sampling is the application of an audit procedure to less than 100% of an account balance or class of transactions to determine whether the recorded amount is materially misstated.


Definitions:

Defence Mechanism

Psychological strategies employed by the unconscious mind to protect itself from anxiety by distorting reality.

Sublimation

A defense mechanism proposed by Freud in which socially unacceptable impulses or idealizations are transformed into socially acceptable actions or behavior.

Displacement

A defense mechanism in psychoanalysis where emotional impulses are redirected from the original object to a more acceptable or less threatening object.

Defence Mechanism

Psychological strategies used unconsciously to protect oneself from anxiety or internal conflicts.

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