Question: In the practice, the sample method selection which is used by auditor is: Select one: a. Simple random selection b. Block sample c. Systematic sample

In the practice, the sample method selection which is used by auditor is:
Select one:
a.
Simple random selection
b.
Block sample
c.
Systematic sample
d.
Probability sample

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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 Accounting Questions!

Q:

In the practice, the sample method selection which is used by auditor is: Select one: a. Block sample b. Probability sample C. Systematic sample d. Simple random selection

Q:

In the practice, the sample method selection which is used by auditor is Select one: a. Block sample O b. Simple random selection Probability sample d. Systematic sample

Q:

ANSWERS ONLY It is calculated by dividing the sum of the observations by the total number of observations. * 0 Standard Dewation O Variance Which of the following is the correct formula in finding...

Q:

Describe systematic sample selection and explain how an auditor will select 140 numbers from a population of 7,000 items using this approach. A. In systematic sampling, the auditor randomly selects...

Q:

Describe systematic sample selection and explain how an auditor will select 160 numbers from a population of 6,400 items using this approach. What are the advantages and disadvantages of systematic...

Q:

Describe systematic sample selection and explain how an auditor will select 160 numbers from a population of 6,400 items using this approach. What are the advantages and disadvantages of systematic...

Q:

51 (OBJECTIVE 15-1) Distinguish between sampling risk and nonsampling risk. How can REVIEW QUESTI between each be reduced? 15-2 (OBJECTIVE 15-2) What are the three main phases of audit sampling? Are...

Q:

TI P1 A population of vouchers is numbered 1 to 800. The auditor has decided to draw an unrestricted random sample of 50 vouchers using a random number table. 1. Write down the first four random...

Q:

1. In sample surveys, what is meant by bias? (A) A systematic error in sampling method that leads to an unrepresentative sample (B) Prejudice, for example in ethnic and gender related studies. (C)...

Q:

In a certain town 60% of the households own mutual funds, 40% own individual stocks, and 20% own both mutual funds and individual stocks. 1. The proportion of households that own mutual funds but not...

Q:

In the following figure, the value of IC is equal to Rc 470 n Vec Re 20 V 5 kn Poc - 25 5V O a. 21.5 mA O b. 2.12 mA OC0.86 mA d. 8.6 mA

Q:

Researchers measured the number of neurons in the CA1 region of the hippocampus in the brains of eight persons who had died of causes unrelated to brain function. They found that these data were...

Q:

Distinguish between the permanent working paper file and the current working paper file.

Q:

How can Best Buy further engrain its sustainability initiatives into its corporate policies? Multiple Choice implement CSR contracting utilize insider training improve executive compensation diminish...

Q:

3 How can reward and motivational systems be successfully employed in international joint ventures in order to meet the needs and aspirations of an indigenous workforce?

Q:

2 To what extent are Western HRM principles and practices being applied in Chinese enterprises, and how successful are these? How do they contrast with Chinese indigenous approaches, and to what...

Q:

1 Is there a relationship between cultural values in specific countries (e.g. collectivism, power distance, instrumentalism, humanism) and the way (indigenous) organizations respond to changes in...