This topic contains a solution. Click here to go to the answer

Author Question: Match six of the terms (a-l) with the definitions provided below (1-6).a.acceptable risk of ... (Read 43 times)

frosh101

  • Full Member
  • ***
  • Posts: 140

Question 1

Explain acceptable risk of incorrect acceptance and acceptable risk of incorrect rejection within the context of variables sampling.

Question 2

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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frosh101 on Aug 21, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
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.
Answer Preview
Only 64% of students answer this correctly




frosh101

  • Member
  • Posts: 140
Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it


daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library