In monetary-unit sampling, population size is:

A. the dollar balance in an account.
B. unrelated to sample size.
C. the number of items in an account.
D. included in the denominator of the formula to determine sample size.


Answer: A

Business

You might also like to view...

Customer lifetime value is the combined total of all future sales.

Answer the following statement true (T) or false (F)

Business

If the totals in both columns of a trial balance are equal, it proves that all of the individual account balances are correct

Indicate whether the statement is true or false

Business

Which of the following statements is true about appellate courts?

A. Appellate courts cannot reverse a finding of fact made by the jury. B. Appellate courts cannot reverse a finding of fact made by the judge. C. Appellate courts permit brief oral arguments between attorneys. D. Appellate courts cannot reverse decisions of lower courts.

Business

Which of the following can be used to simultaneously view the relationships between all numbers on the balance sheet or income statement?

a. Horizontal analysis b. Vertical analysis c. Ratio analysis d. Trend analysis

Business