Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
jared8mp jared8mp
wrote...
Posts: 144
Rep: 0 0
A year ago
Match six of the terms (a-l) with the definitions provided below (1-6).

a.acceptable risk of incorrect acceptance
b.acceptable risk of incorrect rejection
c.difference estimation
d.misstatement bounds
e.monetary unit sampling
f.mean-per-unit estimation
g.point estimate
h.probability proportional to size sample selection
i.ratio estimation
j.statistical inferences
k.stratified sampling
l.variable sampling
 
________ 1. conclusions drawn from sample results based on knowledge of sampling distributions

________ 2. sampling techniques for tests of details of balances that use the statistical inference processes

________ 3. the risk that the auditor is willing to take of rejecting a balance as incorrect when it is not misstated by a material amount

________ 4. a statistical sampling method that provides misstatement bounds expressed in monetary amounts

________ 5. a method of variables sampling in which the auditor estimates the population misstatement by multiplying the average misstatement in the sample by the total number of population items and also calculates sampling risk

________ 6. the risk that the auditor is willing to take of accepting a balance as correct when the true misstatement in the balance exceeds the tolerable misstatement
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 59 times
1 Reply
Replies
Answer verified by a subject expert
Moh1995abdelMoh1995abdel
wrote...
Posts: 170
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jared8mp Author
wrote...

A year ago
This site is awesome
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1291 People Browsing
 114 Signed Up Today
Related Images
  
 308
  
 10131
  
 702
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352