A Lot Can Be "Accepted" or "Rejected" in a Double-Sampling

question 12

Multiple Choice

A lot can be "accepted" or "rejected" in a double-sampling plan:
I.after one sample is taken.
II.after two samples are taken.
III.after one sample is checked twice.

• A) I only
• B) II only
• C) III only
• D) I or II
• E) I or III

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Definitions:

Disbursements

Money paid out by a business or organization; expenses or amounts spent.

Petty Cash Fund

A small amount of cash kept on hand for making immediate payments for small, incidental expenses.

Small Expenditures

Minor or trivial expenses often incurred in the day-to-day operation of a business.

Merchandise

Products acquired for resale to customers in the course of business operations.