Multiple Choice
The method used to measure the estimated total error amount in a population where there is both a recorded value and an audited value for each item in the sample is:
A) mean-per-unit estimation.
B) ratio estimation.
C) monetary-unit sampling.
D) difference estimation.
Correct Answer:
Verified
Correct Answer:
Verified
Q83: The variables sampling method which generally results
Q84: The auditor must consider the possibility that
Q85: Whenever a statistical method is used, a
Q86: Difference estimation, ratio estimation, and mean-per-unit estimation
Q87: Explain the steps involved in systematic sample
Q89: How can non-sampling risk be eliminated?<br>A) proper
Q90: An auditor using non-statistical sampling cannot:<br>A) determine
Q91: When a small preliminary sample is used
Q92: The risk which the auditor is willing
Q93: Which one of the following material occurrences