Match each of the following terms to the appropriate definition. Term Definition

Question

Match each of the following terms to the appropriate definition.

Term Definition a. Attribute sampling a. The probablility that the true but unknown measure of the characteristic of interest is within specified limits
b. Desired confidence level b. The maximum deviation rate from a prescribed control that an auditor is willing to accept
c. Allowance for sampling risk c. The difference between the expected and the tolerable deviation rate
d. Sampling risk d. The posibility that the sample drawn is not representative of the population and leads to an incorrect conclusion
e. Sampling population e. All or a subset of the items that constitute the class of transactions
f. Nonstatistical sampling f. Relies on the auditors judgement to determine sample size and evaluate the results
g. Tolerable deviation rate g. Used to estimate the proportion of a population that posesses a certain characteristic

Explanation / Answer

term definition a g b a c c d d e e f f g b

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---