AICPA CPA-Auditing Exam - Topic 1 Question 15 Discussion

Actual exam question for AICPA's CPA-Auditing exam

Question #: 15
Topic #: 1

A principal advantage of statistical methods of attribute sampling over nonstatistical methods is that they provide a scientific basis for planning the:

ARisk of overreliance.

BTolerable rate.

CExpected population deviation rate.

DSample size.

Show Suggested Answer

Suggested Answer: D

Choice 'd' is correct. A principal advantage of statistical methods of attribute sampling over nonstatistical methods is that they provide a scientific basis for planning the sample size.

Choices 'a', 'b', and 'c' are incorrect. The risk of overreliance, the tolerable rate, and the expected population deviation rate are factors considered in determining a statistical sample size.

by Elouise at May 08, 2022, 07:20 AM

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5 months ago

Definitely D, sample size is key!

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This is a tricky one. I'm not super familiar with the details of how Service Mapping works, so I'm going to have to guess on this. I'll just pick the option that seems the most logical to me and move on.

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Hassie

5 months ago

This seems like a straightforward PRINCE2 question. I'll carefully read through the options and think about which one doesn't align with the principle of continued business justification.

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Ty

5 months ago

I remember that a runtime resource can operate outside of the AD network, but I think we still need to make sure the connections are properly secured.

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Julio

5 months ago

Okay, let me think this through. The question is asking about the outcomes of implementing the RESTCONF POST code, so I need to carefully read the options and see which two make the most sense.

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AICPA CPA-Auditing Exam - Topic 1 Question 15 Discussion

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