The Point Estimate, by Itself, Is NOT an Adequate Measure

question 76

Multiple Choice

The point estimate, by itself, is NOT an adequate measure of the population misstatement because of:

• A) population biases.
• B) control risk.
• C) sampling error.
• D) audit risk.

---

Definitions:

Landless Farmworkers

Agricultural laborers who do not own the land on which they work, often living in conditions of poverty and dependency.

Land Owners

Individuals or entities that hold legal title to a piece of land, granting them rights to its use, benefits, and disposal.

Industry Employment

Employment within the industrial sector, which includes manufacturing, construction, and mining activities, often characterized by the production of goods.

American West

A region of the United States west of the Mississippi River, historically known for its frontier culture, exploration, and expansion during the 19th century.