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Author Question: Match six of the terms (a-l) with the definitions provided below (1-6).a.acceptable risk of ... (Read 17 times)

frosh101

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on: Aug 21, 2022

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
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by frosh101 on Aug 21, 2022

xinyifff

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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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frosh101

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

TheNamesImani

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

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