Which One Is NOT a Sample Selection Method Commonly Associated

question 3

Multiple Choice

Which one is NOT a sample selection method commonly associated with nonstatistical audit units?

• A) Directed sample selection
• B) Probability proportional to size sample selection
• C) Block sample selection
• D) Haphazard sample selection

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Definitions:

Return on Assets

A profitability ratio indicating the efficiency with which a company uses its assets to generate earnings, calculated as net income divided by total assets.

Long-term Asset Turnover

A financial ratio that measures how efficiently a company uses its long-term assets to generate sales revenue.

Property, Plant, and Equipment

Long-term tangible assets used in the operating activities of a business, such as buildings, machinery, and equipment.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.