Examlex
To calculate the estimate of the likely misstatement of a total population, the auditor makes a direct projection of the known misstatement from the sample to the population, and subtracts an estimated allowance for sampling risk.
Military Spending
Government expenditure on the military and defense sector, including salaries, hardware, operations, and maintenance.
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant advancements in technology, manufacturing, and transportation.
Information Age
The current era characterized by the rapid creation, sharing, and manipulation of information, largely facilitated by digital technology.
Development of Computers
The historical and ongoing advancement of computer technology, from early mechanical calculators to modern digital computers.
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