Variablestimation Sampling Is Used

question 58

Multiple Choice

Variablestimation sampling is used:

• A) when the auditor does not expect any errors in an account balance.
• B) to obtain a level of confidence that key attributes for the sample tested can be inferred to be in existence for the entire population.
• C) when the auditor conducts tests of controls.
• D) if the auditor expects more than a few errors in an account balance.

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Definitions:

Adaptive Coping Skill

Strategies or techniques that individuals use to manage and navigate stressful situations effectively.

Spirituality

An individual's sense of peace, purpose, and connection to others, and beliefs about the meaning of life.

Psychosocial Development

The development process that involves changes in both psychological and social aspects throughout an individual's lifetime.

Erickson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans.