Attribute Sampling Is Used in Which of the Following Situations

Ratings 97 92 89 out of 92 people found this document helpful. Attribute sampling is used in which of the following situations.

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A poll of voters regarding a referendum calling for a national railways development program c.

. This sampling method allows the auditor to determine the occurrence rate of deviations and its relation to the tolerable rate of deviation. Solutions for Chapter 8 Problem 21MCQ. Observe whether the duties of the accounts receivable clerk are separate from handling cash.

In variable sampling data is in the variable form and the result is rated on a continuous scale that measures the degree of conformity. A survey of people entering a carnival in Los Angeles a. CAn arbitrary selection with no conscious bias.

Testing rates of deviations of controls. An interview conducted with city attorneys of a sample of cities in California b. Question 30 3 out of 3 points In selecting a sample for attribute testing block sampling involves which of the following approaches.

The auditor uses attribute sampling to test the effectiveness of control. This sampling method allows the auditor to determine the occurrence rate of deviations and its relation to the tolerable rate of deviation. BProper supervision and instruction of the audit team.

In selecting a sample for attribute testing systematic selection involves which of the following approaches. Attributes sampling would be an appropriate method to use on which one of the following procedures in an audit program. Every nth item being selected after a random start.

Define the non-statistical sampling method that is most effective and efficient. A control such as the proper approval and authorization of cash disbursements can be tested for effectiveness using attribute sampling. The data are measurements in metric units.

The risk of incorrect rejection of book value. The auditor uses attribute sampling to test the effectiveness of control. Selecting all items on a day or week.

Ayes-or-no decision is to be made. AProper supervision and instruction of the clients employees. Selecting accounts receivable for confirmation of account balances.

Its a yes or no answer. A control such as the proper approval and. Determining the estimated number of occurrences of improperly authorized cash disbursements.

Scatter diagrams are best described as. Attribute sampling should be used when. Attribute sampling is used in audit procedures helping analyze the characteristics of a given population.

Making an independent estimate of the amount of a FIFO inventory. A multi-stage sampling plan is needed. Statistical sampling is used when an auditor chooses to examine all purchases of equipment exceeding 100000 and to test the remaining items by analytical procedures.

The disadvantages of statistical sampling include the additional costs of 1 training auditors in the proper use of sampling techniques and 2 the added complexity of designing and conducting the sampling application. The tolerable rate of deviation. Testing rates of deviations of controls.

A control such as the proper approval and authorization of cash disbursements can be tested for effectiveness using attribute sampling. Which of the following is a method of eliminating non-sampling risk. This sampling method allows the auditor to determine the occurrence rate of deviations and its relation to the tolerable rate of deviation.

In attributes sampling which of the following will not affect the determination of sample size. Attribute sampling is used in which of the following situations. DSelecting all items on a day or week.

School Florida Atlantic University. An arbitrary selection with no conscious bias. Attribute sampling is used to estimate the proportion of a population that possesses a specified characteristic.

The expected population deviation rate. The auditor uses attribute sampling to test the effectiveness of control. AEach item in the population having an equal chance of selection.

BEvery nth item being selected after a random start. In attribute sampling which of the following does the risk of incorrect acceptance deal with. In selecting a sample for attribute testing block sampling involves which of the following approaches.

Examining invoices in support of the valuation of fixed asset additions. Attribute sampling is used in which of the following situations. CThe use of attributes sampling rather than variables sampling.

Both A and B. Solution for Which of the following statements about attribute sampling is correct. Selecting all items on a day or week.

Which one of the following is not a typical step used to implement an attribute sampling plan. This statistical process helps determine whether internal controls are. The population has variability.

Variable sampling is about checking how much how good or how bad. Attribute sampling checks whether an item is defective or not. This preview shows page 21 - 22 out of 66 pages.

Need to estimate some amount. Course Title ACG 4173. Every nth item being selected after a random start.

Attributes sampling would be an appropriate method to use. DControls to ensure that the sample drawn is random and representative. For which of the following audit tests would an auditor most likely use attribute sampling.

Review sales transactions for large and unreasonable amounts. Indicate which sampling method would most likely be used in each of the following situations. Larger transactions have a higher chance of being selected into the.

Testing the reasonableness of account balances. The most efficient method of testing a large population is.

Attribute Sampling Definition