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University of Houston, Downtown *

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4301

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Economics

Date

Apr 3, 2024

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jpg

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1

Uploaded by CorporalMole156

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Dpo ? Question 36 2.5 out When performing sampling, the auditor is most concerned with which of the following? Selected Answer: @, Risk of incorrect acceptance. Answers: a. Risk of incorrect rejection. p. Risk of errors in the population. @ c. Risk of incorrect acceptance. d. Risk of excess sample size. Question 37 2.5 out 01‘ Dividing the population into relatively homogeneous groups in orde;[ to reduce sample size is the definition of which of the following terms? Selected Answer: @, ¢ Stratification. Answers: 2. Ratio estimation. b. MUS sampling. @ c. Stratification. d. Difference estimation. Question 38 2.5 out of While auditors may use either statistical or non-statistical sampling, some auditors restrict the use of non-statistical sampling for what reason? Selected Answer: @ d. It is less objective. Answers: a. It is less risky. b, It is less effective. ¢ It is less efficient. @ d. It is less objective.
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