When Selecting a Sample, Random Numbers May Be Obtained Either

question 34

True/False

When selecting a sample, random numbers may be obtained either with replacement or without replacement. Although both selection methods are theoretically sound, auditors rarely use replacement sampling.

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Definitions:

E-commerce Company

A business that operates on the internet to buy and sell goods or services, often through websites or mobile apps.

Response Rate

The percentage of subjects receiving a questionnaire who answer the questions.

Relocate

To move to a new place, especially with respect to changing one's residence or place of business.

Office Space

A physical or virtual area designated for office work, including administrative tasks, meetings, and operations.