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Author Question: Which of the following is an accurate statement regarding sampling distribution? (Read 49 times)

allihubbard

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Question 1

Rodgers CPA believes that the rate of client billing errors is 4% and has established a tolerable deviation rate of 6%. In auditing client invoices, Rodgers should use
◦ stratified sampling.
◦ classical sampling.
◦ proportional sampling.
◦ attributes sampling.

Question 2

Which of the following is an accurate statement regarding sampling distribution?
◦ A sampling distribution is a sample with characteristics the same as those of the population.
◦ Sampling distributions allow the auditor to make probability statements about the likely representativeness of any sample that is in the distribution.
◦ Each population exception rate and sample size has the same sampling distribution.
◦ Auditors cannot use sampling distributions to draw statistical conclusions about the unknown population being sampled.


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Marked as best answer by allihubbard on Aug 21, 2022

xinyifff

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allihubbard

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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