When Evaluating Sample Test Results, Which of the Following Statements

question 57

Multiple Choice

When evaluating sample test results, which of the following statements is in?

• A) if an auditor discovers errors when testing transactions or account balances, they will need to project the error to the population being tested
• B) an auditor will not consider whether the population was stratified before being sampled
• C) if an error is considered to be unique it will be removed before projecting remaining errors to the population
• D) if the rate of deviation exceeds the tolerable rate the auditor will extend their testing

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Definitions:

Ranks

The ordinal positions of values in a dataset, arranged in ascending or descending order.

Kruskal-Wallis Test

A nonparametric statistical test used to compare three or more independent groups of sampled data to determine if there is a difference in their medians.

Random Samples

A subset of a statistical population in which each member of the subset has an equal probability of being chosen, fundamental for unbiased statistical analysis.

Independent Samples

Distinct groups of data that have no relationship with each other, often used in hypothesis testing.