Week 8 - Analytical Procedures at Testing Flashcards
(7 cards)
1
Q
What is the first step?
A
Determine suitability
2
Q
What is the second step?
A
Reliability of the data
3
Q
What is the third step?
A
Level of precision
4
Q
What is the fourth step?
A
Determine acceptable difference
5
Q
Reliability of the data
A
How reliable is it?
6
Q
Level of precision
A
How accurate is it?
7
Q
Determine acceptable difference
A
How big is difference in what you’re seeing? e.g industry sales gone up 5%, client’s have gone up 8%
