CAS 530 Has a Very Specific Definition of Sampling

question 2

Multiple Choice

CAS 530 has a very specific definition of sampling.Assuming that each item (described as a sampling unit) in the populations below could be selected as part of the sample,which of the following illustrates the other part of the CAS 530 definition of sampling?

• A)looking at 50 sales invoices from the current population of 100 000
• B)recalculating interest calculations for notes payable
• C)estimating the gross profit by product for all company products
• D)inspecting all legal invoices for potential contingent liabilities

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Definitions:

Guarini

Guarino Guarini was an Italian architect of the Baroque period, known for his intricate designs and the use of light in his religious and secular architectural works.

Bees

Insects belonging to the superfamily Apoidea, pivotal for pollination and known for their role in producing honey and beeswax.

Baldacchino

A ceremonial canopy of stone, metal, or fabric over an altar, throne, or doorway in architecture.

Barberini

An influential Italian noble family that gained prominence in the 17th century, closely associated with the rise of the Baroque art and architecture in Rome.