When using statistical sampling, which of the following need not be known to evaluate the results of an attributes sample?

A. Sample size.
B. Number of deviations found in the sample.
C. Number of deviations in the population.
D. Risk of assessing control risk too low.


Answer: C

Business

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Which of the following factors is classified as environmental dynamics?

A. Competitive rivalry B. Market size C. Seasonality D. Social changes E. Barriers to entry

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Which of the following is not true?

a. When management outsources their organization's IT functions, they also outsource responsibility for internal control. b. Once a client firm has outsourced specific IT assets, its performance becomes linked to the vendor's performance. c. IT outsourcing may affect incongruence between a firm's IT strategic planning and its business planning functions. d. The financial justification for IT outsourcing depends upon the vendor achieving economies of scale.

Business

A project manager must be able to shift temporal orientation from past, to present, to future

Indicate whether the statement is true or false

Business

Short-term production serves as a broad blueprint for operations and establishes the parameters within which aggregate planning decisions are made

Indicate whether the statement is true or false.

Business