Which of the following best illustrates the concept of sampling risk?
A. A randomly chosen sample may not be representative of the population as a whole (regarding the characteristic being tested).
B. An auditor may select audit procedures that are not appropriate to achieve the specific objective.
C. An auditor may fail to recognize errors in the documents examined for the chosen sample.
D. The documents related to the chosen sample may not be available for inspection.
A. A randomly chosen sample may not be representative of the population as a whole (regarding the characteristic being tested).
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Which of the following statements is not an objective of discriminant analysis?
A) examination of whether significant differences exist among the groups, in terms of the criterion variables B) determination of which predictor variables contribute to most of the intergroup differences C) classification of cases to one of the groups based on the values of the predictor variables D) evaluation of the accuracy of classification
360-degree feedback includes input from:
a. team members, customers, and supervisors. b. team members and customers. c. team members only. d. supervisors only.
A firm following the _____ dividend policy pays a specific dollar dividend each year or periodically increases the dividend at a constant rate.
A. free cash flow B. residual C. constant payout ratio D. stable, predictable E. extra
If a defendant does not respond to a case filed by a plaintiff, the plaintiff wins
a. True b. False Indicate whether the statement is true or false