To Determine If a Sample Is Truly Representative of the Population

question 43

Multiple Choice

To determine if a sample is truly representative of the population, an auditor would be required to

• A) conduct multiple samples of the same population.
• B) never use sampling because of the expense involved.
• C) audit the entire population.
• D) use systematic sample selection.

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Definitions:

Technological Orientation

A focus or approach by a company that emphasizes innovation and the adoption of new technologies for improvement and competitive advantage.

International Markets

Marketplaces that extend beyond a country's borders, allowing businesses to trade goods and services across the globe.

Segment

In business, it refers to a part of a market or population grouped by similar characteristics or needs for targeted marketing or analysis.

Regional

Relating to or characteristic of a specific geographic area or territory within a country or across countries.