Multiple Choice
In a classical variables sampling application,the auditor determines there is a 95 percent probability that the true (but unknown) value of an entity's accounts receivable is between $45,000 and $55,000.If the estimated population value is $50,000,the precision is
A) $10,000.
B) $5,000.
C) 95%.
D) 5%.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Pujols,CPA,performed a nonstatistical sampling plan to examine
Q17: In classical variables sampling,a measure of the
Q18: When performing substantive procedures,auditors run the sampling
Q20: Which of the following selection methods selects
Q20: When the _ exceeds the _,the audit
Q23: The sampling method used to examine a
Q60: Indicate how each of the following conditions
Q61: Which of the following components of the
Q80: Which of the following factors that affect
Q86: Which of the following is not true