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Author Question: An auditor using nonstatistical sampling cannot formally measure sampling error and therefore must ... (Read 118 times)

rissygurl1124

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on: Aug 21, 2022

Question 1

________ is a method of projecting from the sample to the population to estimate the population misstatement. It assumes that misstatements in the unaudited population are proportional to the misstatements found in the sample.
◦ Mean-per-unit estimation
◦ Point estimate
◦ Monetary unit
◦ Basic precision

Question 2

An auditor using nonstatistical sampling cannot formally measure sampling error and therefore must subjectively consider the possibility that the true population misstatement exceeds a tolerable amount. Which of the following factors should be considered by the auditor in making this assessment?
◦
The dollar difference between the point estimate and tolerable misstatementThe extent to which items in the population have been audited 100 percent
YesYes

◦
The dollar difference between the point estimate and tolerable misstatementThe extent to which items in the population have been audited 100 percent
NoNo

◦
The dollar difference between the point estimate and tolerable misstatementThe extent to which items in the population have been audited 100 percent
YesNo

◦
The dollar difference between the point estimate and tolerable misstatementThe extent to which items in the population have been audited 100 percent
NoYes
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by rissygurl1124 on Aug 21, 2022

butterfly17

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rissygurl1124

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Reply 2 on: Aug 21, 2022
Wow, this really help

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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