FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 16 Which one of the following statements is false? A. Stratification can be done based on the monetary value of items in the population.

QUESTION 16

  1. Which one of the following statements is false?

    A.

    Stratification can be done based on the monetary value of items in the population.
    B.

    Stratification is a method of sampling using probability theories to form statistical inference about the population.
    C.

    An item in the population cannot be included in more than one stratum.
    D.

    Stratification increases audit efficiency.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics And Its Application

Intermediate Microeconomics And Its Application

Authors: Walter Nicholson, Christopher M. Snyder

13th Edition

0357133064, 978-0357133064

More Books

Students also viewed these Accounting questions

Question

★★★★★
What does Peter Drucker mean by systematic innovation? What are his seven sources of opportunities, and how do they apply to environmental analysis?

Answered: 1 week ago

Question

★★★★★
QUESTIONS BASED ON GIVEN INFO: 6. If 105,200 pounds of raw materials are needed to meet production in August, what is the estimated cost of raw materials purchases for July? 7. In July what are the...

Answered: 1 week ago

Question

★★★★★
A water network has three connections, C1,C2,C3, as shown in Figure 1.18. For each connection, at the places marked 1, 2, 3, some switches have been put and at a particular instant, any switch can be...

Answered: 1 week ago

Question

★★★★★
In auditing the Train Company, you obtain directly from the bank Trains bank statement, canceled checks, and other memoranda which relate to the companys bank account for December 2007. In...

Answered: 1 week ago

Question

★★★★★
Seven years ago, Eleanor transferred property she had used in her sole proprietorship to Blue Corporation for 2,000 shares of Blue Corporation in a transaction that qualified under 351. The assets...

Answered: 1 week ago

Question

★★★★★
(b)The climate change agreement approved in Paris is based onvoluntary goals and pledges by participating countries. Would it beethically permissible to impose carbon emission goals on countriesand 1...

Answered: 1 week ago

Question

★★★★★
15. Mr. Debtor owes Mr. Creditor P100, 000. On the due date, Mr. Debtor delivers a cashier's check for the full amount. Mr. Creditor refuses to accept the check. a. Debtor may make a consignation by...

Answered: 1 week ago

Question

★★★★★
How to identify hardware in a system using CLI or GUI? Make sure you cover the 5 major components of your computer along with the other components that are of interest (things like networking and GPU...

Answered: 1 week ago

Question

★★★★★
1. What music streaming services do students at Olympia High use? 33% of students use Apple Music, 41% use Spotify and 18% use both services. A-Apple Music S=Spotify (a) Create a two way table to...

Answered: 1 week ago

Question

★★★★★
If you borrow $15000 for 4 years at an interest rate of 7.44% per annum, with the interest compounding quarterly, how much will you have to pay at the end of the period? $_______________ (two decimal...

Answered: 1 week ago

Question

★★★★★
Onyemah Corporation uses the FIFO method in its process costing system. Operating data for the Brazing Department for the month of November appear below: Percent Complete with Respect to Units...

Answered: 1 week ago

Question

★★★★★
Do you insist that job descriptions are developed to accurately depict jobs that are dangerous or hazardous?

Answered: 1 week ago

Question

★★★★★
Why is it important to have a code of ethics?

Answered: 1 week ago

Question

★★★★★
Are you fair and impartial when dealing with disciplinary action, promotion, transfer, demotion, resignation, discharge, layoff, and retirement?

Answered: 1 week ago

Previous Question Next Question