Question: What is the difference between block sampling and haphazard sampling?

What is the difference between block sampling and haphazard sampling?

Step by Step Solution

★★★★★

3.48 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Block sampling and haphazard sampling are two different approaches used in selecting samples for auditing purposes The main differences between these ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Auditing International Approach Questions!

can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...

The Company XYZ has 1173 blocks of building for its business operation, where each block has 7 floors. The distance between each floor is 7 meters. ] (ii) Give a function run2diff which can be...

What is the difference between sampling with replacement versus sampling without replacement?

3. Explain the difference between random sampling and haphazard sampling.

Explain the difference between random sampling and haphazard sampling.

Scroll down to complete all parts of this task. Select from the option list provided the sampling method that is being described in each situation. Each choice may be used once, more than once, or...

Hi, about CIA- exam. there are 12 questions. Please check them and anser. audit practice CIA Part-2_Qestion(13) After concluding a preliminary assessment, the engagement supervisor prepared a draft...

1. What is audit evidence? 2. What are the factors that affect sufficiency and appropriateness of audit evidence? 3. An auditor typically works within economic limits. Explain this statement. 4. What...

data research The major difference between a stratum and a cluster is that the elements in a stratum are similar in at least one aspect, while the elements in a selected cluster may not represent the...

Question 1 4 Points Which of the following is not a purpose served by the application of analytical procedures? A As part of audit review to determine that all significant abnormalities have been...

Company A has created fictitious transactions to report more favorable earnings. Is it likely that this is the only action Company A has taken to manage earnings? Explain.

If p(A) = 70, p(B) = 90, p(ANB) = 30, and p (U) = 200 then fill following table. ? ? ? B B Totals A ? ? ? Totals ? ? ?

Question 2 4 ( 1 point ) Soved Marbles Inc. is an accrual basis taxpayer that sells furniture. On December 1 5 , 2 0 2 4 , a customer purchased a sofa that was in stock. However, the customer wanted...

How do investment opportunities affect dividend policy? AppendixLO1

Distinguish between errors and fraud. Give three examples of each.. K-9875

Why is it important for CPA firms to develop policies and procedures for establishing materiality?. K-9875

List and describe the three major steps in applying materiality to an audit.. K-9875

* * * * * * 3 . 2 . 1 1 . In preparing 2 . 5 0 moles of a mixture of three gases, S O 2 , H 2 S , and C S 2 , gases from three tanks are combined into a fourth tank. The tanks have the following...

Alex contributed $250 every month for nine years into an RRSP earning 4.5% compounded annually. She then converted the RRSP into an annuity that pays her monthly for 20 years. If the first payment is...

Class Project - Group 1 I need a detailed explanaation for this. Dont skip steps please explain thoeouhjly. CENG 4 3 6 1 , Process Dynamics & Control, Spring 2 0 2 4 ( 1 0 0 points - due on 4 / 2 3 /...