Lincoln,CPA,selected a Sample of 100 Items by Dividing the Population

question 98

Multiple Choice

Lincoln,CPA,selected a sample of 100 items by dividing the population of 100,000 sales invoices by 100.With a random start,she then selected every 1,000^th invoice.This selection process is referred to as

• A) unrestricted random selection.
• B) nonstatistical selection.
• C) systematic random selection.
• D) judgmental selection.

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Definitions:

Securities Regulation

Legal framework governing the issuance, trading, and overall market behavior of securities to protect investors, maintain fair markets, and ensure capital formation.

Fairness

The quality of being just, equitable, and impartial in decision making and treatment of others.

Proxy

A person authorized to act on behalf of another person, especially in voting or in making decisions in corporate or other formal meetings.

Solicitation

The act of requesting or seeking to obtain something, often used in the context of fundraising, advertising, or proposing business.