If a Study Uses an Unrepresentative Sample, Which of the Following

question 40

Multiple Choice

If a study uses an unrepresentative sample, which of the following questions should you ask when assessing its external validity?

• A)"Are the characteristics that make the sample biased actually relevant to what is being measured?"
• B)"Is the sample size sufficiently large?"
• C)"Is the study making a frequency, association, or causal claim?"
• D)"Could the study have used a representative sample instead?"

Understand the use of electronic funds transfers and its impact on internal control procedures.

Recognize the importance of external auditors and audit committees in reviewing and ensuring the adequacy of internal control systems.

Understand detector controls and their role in identifying fraudulent activities.

Understand the treatment and impact of NSF cheques and bank service charges on accounting records.

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Definitions:

Physical Controls

Physical controls are security measures implemented to protect tangible assets, including locks, security cameras, and access control systems.

Internal Control

Procedures and practices implemented by a company to safeguard its assets, ensure accurate financial reports, and ensure compliance with laws and regulations.

Cash Disbursements

The outflow of cash for expenses, investments, and other payments during a given period.

Internal Control

Processes designed to provide reasonable assurance regarding the achievement of various objectives such as the effectiveness and efficiency of operations.