37. A pie chart meets the ACCURATE criteria for good quality information because visualising the components of a data set in a pie chart isUser-targetedAuthoritativeTimelyRelevance 38. A consultant has made two statements about sampling:An entire set of data from which a sample can be selected for analysis a called a distributionStatistical methods can be applied to a representative sample in both exploratory and confirmatory data analysisAre these statement accurate?Only state 1 is accurateOnly state 2 is accurateBoth state are accurateNeither state is accurate

Answered: 37. A pie chart meets the ACCURATE…

37. A pie chart meets the ACCURATE criteria for good quality information because visualising the components of a data set in a pie chart is User-targeted Authoritative Timely Relevance

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools

Section: Chapter Questions

Problem 29RQSC

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Question

37. A pie chart meets the ACCURATE criteria for good quality information because visualising the components of a data set in a pie chart is

User-targeted
Authoritative
Timely
Relevance

38. A consultant has made two statements about sampling:

An entire set of data from which a sample can be selected for analysis a called a distribution
Statistical methods can be applied to a representative sample in both exploratory and confirmatory data analysis

Are these statement accurate?

Only state 1 is accurate
Only state 2 is accurate
Both state are accurate
Neither state is accurate

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