Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 18, 2024

Statistical sampling is more scientific, based on mathematical law of probability, but judgmental sampling is still the preferred method by a majority of auditors. Why

Statistical sampling is more scientific, based on mathematical law of probability, but judgmental sampling is still the preferred method by a majority of auditors. Why and also provide the two advantages and two disadvantages of judgmental sampling.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

College Accounting Chapters 1-30

Authors: David Haddock, John Price, Michael Farina

16th Edition

1260247902, 978-1260247909

More Books

Students also viewed these Accounting questions

Question

★★★★★

a. Analyze the effects of the following transactions on the accounting equations of the various funds and nonfund accounts of a state or local government. (For any borrowing transactions, reflect any...

Answered: 1 week ago

Question

★★★★★

Suppose that a random sample of 50 bottles of a particular brand of cough syrup is selected and the alcohol content of each bottle is determined. Let denote the average alcohol content for the...

Answered: 1 week ago

Question

★★★★★

Js car buying policy is to always buy a new car, repair all breakdowns that occur during the first T time units of ownership, and then junk the car and buy a new one at the first breakdown that...

Answered: 1 week ago

Question

★★★★★

The individual financial statements for Gibson Company and Keller Company for the year ending December 31, 2018, follow. Gibson acquired a 60 percent interest in Keller on January 1, 2017, in...

Answered: 1 week ago

Question

★★★★★

When proving a greedy algorithm "meets the lower bound" and therefore produces optimal solutions, which of the following should be proven? Group of answer choices The algorithm produces a better...

Answered: 1 week ago

Question

★★★★★

Dubai Women's Campus BUS 1503 Accounting for Managers Preparing Journal entries, Posting to Ledger & Preparing a Trial Balance Demonstration Example: M. Ali graduated from College and opened a...

Answered: 1 week ago

Question

★★★★★

(1 point) The owner of a small gas station has his 1,500 gallon tank of 93-octane gas filled up once at the beginning of each week. The random variable is the amount of 93-octane the station sells...

Answered: 1 week ago

Question

★★★★★

Create a Fishbone diagram with the problem being coal "mine safety

Answered: 1 week ago

Question

★★★★★

Zoe Swift Tech. Inc. is a contract manufacturing company that produces different customizable parts and essentials for computer hardware. The most popular products of the company are the Liquid...

Answered: 1 week ago

Question

★★★★★

Q: Convert the following numbers to 6-bit signed binary, state if there's overflow a. 14 + 19 b. -14 + (-19) c. -13 +28 d. 13 +(-28)

Answered: 1 week ago

Question

★★★★★

Find the limit . Use I\'Hospital\'s rule when appropriate. lim x l n x 2 x

Answered: 1 week ago

Question

★★★★★

What appraisal intervals are often used in appraisal reviews?

Answered: 1 week ago

Question

★★★★★

What are the various alternatives?

Answered: 1 week ago

Question

★★★★★

4. Review The New Employee, the case study for Chapter 1. What ethical choices did the senior employee make in communicating with Toya? Copyright

Answered: 1 week ago

Previous Question Next Question