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:

Food Stamps

A government assistance program that provides low-income individuals and families with a means to purchase food.

Temporary Aid

Financial or material assistance provided on a short-term basis to support individuals in times of crisis or immediate need.

Medicare

A federal health insurance program in the United States primarily for people age 65 and older, but also available for certain younger people with disabilities.

Means-Tested

A method of determining eligibility for certain types of financial aid, benefits, or services based on the individual's or family's income and assets.