Which of the Following Statements Is Most Correct with Respect

question 129

Multiple Choice

Which of the following statements is most correct with respect to the evaluation of nonprobabilistic sample results?

• A) It is acceptable to make nonprobabilistic evaluations only when probabilistic sample selection is used.
• B) It is acceptable to make nonprobabilistic evaluations only if the auditor cannot quantify sampling risk.
• C) It is never acceptable to evaluate a nonprobabilistic sample using statistical methods.
• D) All of the above are correct.

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Definitions:

U.S. Automobile

Vehicles manufactured by companies based in the United States, typically referring to cars and trucks.

National Income

The total value of all goods and services produced by a country over a specific period, often used as a measure of the economic health of a country.

Labor Services

The tasks and efforts provided by workers in exchange for wages.

Foreign Suppliers

Providers of goods and services from outside the buyer's country, often involved in international trade.