(I the Type of Sampling When a Population Is fiRst

question 22

Multiple Choice

(i. The type of sampling when a population is first divided into subgroups and then a sample is
Selected from each subgroup is called random sampling.
(ii. Auditors may select every 20th file starting with say, the 5th file in the top drawer. Then file
Numbers 25, 45, 65, 85,... are audited. This type of sampling is called systematic sampling.
(iii) The mean of a population is called a parameter.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Vehicle Expenses

Costs associated with the operation, maintenance, and use of a vehicle for business purposes, including fuel, repairs, and insurance.

Luxury Automobile Limitations

Tax rules that cap the amount of depreciation or lease inclusion that can be deducted for high-cost vehicles.

Passenger Autos

Vehicles designed for personal use, including cars, vans, and some light trucks.

Section 179

A tax code provision allowing businesses to deduct the full purchase price of qualifying equipment or software within the tax year.