Which Statistical Sampling Allows an Auditor to Generalize and Make

question 40

Multiple Choice

Which statistical sampling allows an auditor to generalize and make inferences from the sample to the population?

• A) Probability sampling
• B) Random sampling
• C) Discovery sampling
• D) Quota sampling

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Definitions:

Holder

An individual or entity that possesses a negotiable instrument, such as a check or promissory note, and has the right to enforce it.

Bearer

Pertaining to negotiable instruments, it refers to the individual possessing the document entitled to the rights therein.

Instrument

A legal document formally evidencing a right or obligation, such as contracts, wills, or promissory notes.

Good Faith

A principle that emphasizes honesty, fairness, and integrity in the fulfillment of contractual obligations or in negotiations.