In Testing Account Balances,haphazard Sampling Is an Acceptable Method of Sampling

question 17

Multiple Choice

In testing account balances,haphazard sampling is an acceptable method of sampling provided the auditor believes the sample to be which of the following?

• A)Statistically sound.
• B)Representative of the population.
• C)Representative of the sample.
• D)In the upper stratum.

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Definitions:

Radius

The distance from the center to any point on the circumference of a circle.

Center

A point of origin or midpoint around which a figure or object is symmetrically arranged or balanced.

Point

A precise location or position in a geometric space, not having any dimension.

Equation

A mathematical statement that asserts the equality of two expressions, signified by the symbol =.