In a Classical Variables Sampling Application,the Auditor Determines There Is

question 75

Multiple Choice

In a classical variables sampling application,the auditor determines there is a 95 percent probability that the true (but unknown) value of an entity's accounts receivable is between $45,000 and $55,000.If the estimated population value is $50,000,the precision is

• A)$10,000
• B)$5,000
• C)95 percent
• D)5 percent

Learn about the lifetime value of customers and how good customer service impacts it.

Know the importance of ease of doing business with a company from the customer's perspective.

Grasp the measures and metrics used to assess customer service effectiveness.

Understand how companies leverage web-based technologies and metrics to enhance customer satisfaction and service.

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Definitions:

Scapegoat Theory

The theory that prejudice offers an outlet for anger by providing someone to blame.

Just-world Phenomenon

The cognitive bias to believe that the world is fundamentally fair, leading individuals to rationalize unjust situations by blaming the victims.

Ingroup Bias

The tendency to favor members of one's own group over those in other groups.

Scapegoat Theory

A psychological and sociological concept where individuals or groups are unfairly blamed for problems not of their making, often to deflect responsibility from the true sources.