Question

Which of the following pairs of selection methods could appropriately be used in statistical
sampling applications?
a. Unrestricted random selection, block selection.
b. Block selection, haphazard selection.
c. Systematic random selection, haphazard selection.
d. Unrestricted random selection, systematic random selection

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Business
Accounting

Financial Accounting

Related Accounting Q&A

Find answers to questions asked by students like you.

Q: At one time, Boeing closed a giant deal to acquire another manufacturer, McDonnell Douglas. Boeing p...

A: Given: The deal was closed by the Boeing to attain another manufacturer named, McDonnell Douglas.

Q: Typically accounting tasks include all off the following tasks except

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,...

Q: Taryn would like to open a new business as an interior designer, to funds her ambition she sold some...

A: As per the Income Tax Act,1977 – Australia, Capital Gain Tax (CGT) will be applicable on Collectible...

Q: Negative Assurance in Review Reports. One portion of the report on a review services engagement is t...

A: Requirement a:   A negative assurance is a determination made by an auditor that a specific set of f...

Q: Gooby Gummies makes taffy candy, which it sells at local supermarkets. The fixed monthly cost to pro...

A: Profit = {Unit sales ( Sales per unit - Variable per unit ) } - Fixed cost At present   Unit Sales =...

Q: After all the ledgers had been drawn up, the following differences and errors were identified.Indica...

A: Rectification entry has to be passed when any error has been made in the books of accounts and canno...

Q: You are explaining time value of money factors to your friend. Which factor would you explain as bei...

A: Time value of money concept dictates that if there is opportunity to earn a rate of return on the mo...

Q: Understand the importance of planning theaudit engagement so that it is conducted inaccordance with ...

A: Audit planning is done before the start of audit for a particular period for smooth execution of the...

Q: Why is the audit of revenue recognition riskier for a new company

A: According to the GAAP, the companies should not claim any revenue until they have provided the custo...