Assume a Mean-Per-Unit Estimation Variables Sampling Application with a Tolerable

question 36

Multiple Choice

Assume a mean-per-unit estimation variables sampling application with a tolerable misstatement of $70,000 and a book value of $700,000.After performing the sampling plan,the auditors calculated an allowance for sampling risk of $45,000 and a point estimate of the population's total audited value to be $640,000.The projected misstatement based on this sample is:

• A)$5,000
• B)$45,000
• C)$60,000
• D)$70,000

Grasp foundational concepts in human resource planning and forecasting.

Comprehend how technology advances affect HR functions and data management.

Recognize the process and importance of developing HR objectives within organizations.

Understand methods and benefits of estimating future employment needs and internal supply of candidates.

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Definitions:

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A psychologist who studies how we encode, process, store, and retrieve information, and how this process affects our behavior.

Edward Tolman

An American psychologist known for his contributions to cognitive psychology, particularly in the study of learning and motivation.

Edward Thorndike

An American psychologist known for his work on the theory of learning based on the idea of connectionism, and for his contribution to educational psychology.