Which of the Following Statements Regarding Block Sampling Is Least

question 98

Multiple Choice

Which of the following statements regarding block sampling is least likely to be True?

• A)Block sampling is the selection of several items in sequence.
• B)It is acceptable to use block sampling for tests of transactions only if a reasonable number of blocks is used.
• C)Only one block should be selected to increase the probability of a representative sample.
• D)Once the first item in the block is selected,the remainder of the block is chosen automatically.

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Definitions:

Liquid

Describes an asset that can be quickly converted into cash without significant loss of value or a market where such assets can be bought or sold with ease.

Financial Intermediaries

Institutions that facilitate the channeling of funds between savers and borrowers by intermediating financial transactions.

Stocks

Financial instruments that signify ownership in a corporation and represent a claim on part of the corporation's assets and earnings.

Bonds

Bonds are debt securities issued by entities (such as governments, municipalities, or corporations) to raise funds, promising to repay the principal along with interest on a specified date.