Selecting a sample using a series of random numbers to identify sample items is referred to as

Question:

Selecting a sample using a series of random numbers to identify sample items is referred to as
a. Block selection.
b. Haphazard selection.
c. Systematic random selection.
d. Unrestricted random selection.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

See More Books

Question Posted: Oct 27, 2014 06:09 AM

See More Questions

What steps are involved in selecting a sample using the systematic random selection method?
A limitation of systematic random selection is that this method a. Has a relatively low likelihood of yielding a representative sample. b. Results in a larger sample size than other selection...
A small block slides at a speed d v = 3 m/s on a horizontal surface at a height h = 1 m above the ground. Determine (a) The angle at which it will leave the cylindrical surface BCD, (b) The distance...
12. Assume that the government has placed a regulation on the emission from diesel that will increase the cost of diesel. Graphically and verbally describe the impacts of this regulation on the...
On December 1, year 1, Peak Advertising (a calendar-year, accrual-basis taxpayer) receives a $24,000 retainer fee for a two-year service contract. a. How much income should Peak report in year 1 for...
What are the two basic types of factors typically used when following the risk factor approach? What other factors are commonly considered?
In 1967, Thompson described categorized task interdependencies as pooled, sequential, and reciprocal. However, as Foss (2020, p. 272) points out, to some extent interdependencies are choice...
Wagner Manufacturing estimated its product costs and volume of production for 2012 by quarter as follows. Wagner Company sells a souvenir item at various resorts across the country. Its management...
Hargrove Ltd. reports the following for month ended December 31, 2020: Inventory, November 30, 2020, $52,000 Inventory, December 31, 2020, $55,000 Dec 1/20 - Purchases on credit $43,000 Dec 13/20 -...
An office building has three floors of rentable space with a single tenant on each floor. The first floor has 20,000 square feet of rentable space and is currently renting for $15 per square foot....
Which of the following is an advantage of non-statistical sampling? a. It measures the audit teams exposure to sampling risk. b. It is required by generally accepted auditing standards. c. It ensures...
If systematic selection is used with a starting point of 10, a population size of 100, and a necessary sample size of 20, the first three items selected for examination would be a. 10, 110, 210. b....
Figure 6.80 may be used as a simple model of a mobile robotic arm undergoing forced motion. The forcing is at the base of the arm. Derive the matrix equation of motion, and solve it in general for...
Suppose that your credit card activity for December looked like this: Date Activity December 5 $384 purchase December 11 $347 purchase December 16 $174 purchase December 21 $480 purchase December 25...
A research group surveyed 300 students. The students were asked how often they go to the movies and whether they prefer comedies or dramas. Their responses are summarized in the following table....
C. Prove the following (you can use any formal induction/other theoretical method, "A" means power here): i. ii. iii. What is the time complexity recurrence relation for Fibonacci numbers? Explain it...
You and your partner run a small business together, with separate work roles. You are responsible for the business budget and have researched an improved budget process which you felt needs to be...
The actual selling expenses incurred in March 2022 by Carla Vista Company are as follows: Variable Expenses Fixed Expenses Sales commissions Advertising $14,576 Sales salaries $34,700 12.174...
Calculate the yield to maturity of the following Investment, which can be purchased today for 1,000: Year 1 2 3 4 5 Cash flow 232 2088 232 -232 -927
How much more interest will be earned if $5000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly?
How does a monopoly's demand for labor change if a second firm enters its output market and the result is a Stackelberg duopoly equilibrium, where the former monopoly becomes the Stackelberg leader?...
Why is the Contractual Discount account important to service revenue for a health-care provider? How does the auditor examine the contractual discount transactions and balances?
How are computer-assisted audit techniques likely to be used when auditing accounts receivable of a retail entity?
What types of audit reports are issued for financial statement audits? Are all of those types of reports likely to be issued for audits of public companies? If not, which ones are not likely used and...
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...
A stock is expected to pay a dividend of $1.50 at the end of the year (i.e., D 1 = $1.50), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the...
The Hobby Shop has a checking account with a ledger balance of $1,700. The firm has $2,400 in uncollected deposits and $4,200 in outstanding checks. What is the amount of the disbursement float on...

Selecting a sample using a series of random numbers to identify sample items is referred to as

Question:

Step by Step Answer:

a Incorrect Block selection identifies a series of contiguous units for examination b Incorre...View the full answer

Auditing and Assurance Services

Students also viewed these Auditing questions