Ratio estimation is inappropriate when: a. The total population book value is known and corresponds to the
Question:
Ratio estimation is inappropriate when:
a. The total population book value is known and corresponds to the sum of all population items.
b. There are some observed differences between audited and recorded book values.
c. Differences between recorded and audited values are nearly proportional to the recorded values.
d. There are no recorded values for some items in the population.
Choose the correct answer.
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The correct answer is c Differences between recorded and audited values are nearly proportional ...View the full answer
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