Which of the Following Factors Has a Direct Relationship with Sample

question 64

Multiple Choice

Which of the following factors has a direct relationship with sample size in a variables sampling application?

• A) Tolerable misstatement, yes; expected error, yes.
• B) Tolerable misstatement, no; expected error, yes.
• C) Tolerable misstatement, yes; expected error, no.
• D) Tolerable misstatement, no; expected error, no.

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Definitions:

Gym Memberships Revenue

Revenue generated from the sale of memberships or subscriptions to a fitness gym.

Prepaid Gym Memberships

Payments made in advance for gym services, representing a future expense for the gym that becomes realized as the service period elapses.

Prepaid Insurance

An asset account on the balance sheet that represents the advance payment of insurance premiums for future coverage periods.

Expired Insurance

Insurance coverage that has come to an end or is not in force due to the expiration of the policy term.