In applying classical variables sampling, an auditor attempts to:
A. estimate a qualitative characteristic of interest.
B. predict a monetary population value within a range of precision.
C. discover at least one instance of a critical deviation.
D. determine various rates of occurrence for specified attributes.
Answer: B
You might also like to view...
When creating "To Do" lists and handling tasks, which is true?
A. "To Do" lists should be prioritized weekly, or when a task's priority changes. Questions about priorities should be referred to management. B. There should be more "A" priority tasks than B, C, or D tasks on a "To Do" list, or the priorities haven't been correctly assigned by the person assigning the task. C. Analysts should always strive to complete tasks as soon as possible, as this will help make an analyst eligible for a promotion. D. Analysts shouldn't simply complete tasks because they are asked to; the requestor may not know that another person is already working on the task.
Dan learned how to knit by watching Bernice knit and copying what she did. This is an example of
A. modeling. B. distributed learning. C. reinforcing behavior. D. individual learning difference.
NY International Foods is an importer of food products from Europe. For its latest shipment, it did not have enough cash to immediately pay the customs duties and taxes. As a result, the imports were placed in _____ until the payment could be made.
A. a field public warehouse B. a secured warehouse C. bonded storage D. a private warehouse E. a public warehouse
Databases are created and handled using ________
A) database management software B) database architecture software C) data modeling software D) data definition software