Which of the following statements is false? a. when properly used, either nonstatistical or statistical sampling can be effective in providing sufficient appropriate audit evidence. b. statistical sampling allows the auditor to precisely control the risk of making an incorrect inference about the population from which the sample is taken, whereas nonstatistical sampling does not allow such control. c. nonstatistical sampling may avoid second guessing by regulators or jurors should those parties question the quality of the sampling method used. d. combining statistical sampling with audit judgment generally produces a higher quality audit conclusion than using audit judgment alone.
Answers: 1
Business, 21.06.2019 20:00
Jorge is a manager at starbucks. his operational plan includes achieving annual sales of $4,000,000 for his store. with only one month left to end of the fiscal year, jorge realizes that he won't reach his annual sales goal. what are his options?
Answers: 2
Business, 22.06.2019 05:20
Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?
Answers: 2
Business, 22.06.2019 12:30
In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?
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