An Underlying Feature of Random-Based Selection of Items Is That

question 44

Multiple Choice

An underlying feature of random-based selection of items is that each

• A) Stratum of the accounting population be given equal representation in the sample.
• B) Item in the accounting population be randomly ordered.
• C) Item in the accounting population should have an opportunity to be selected.
• D) Item must be systematically selected using replacement.

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Definitions:

Access to Information

Access to information denotes the ease with which individuals can obtain data, knowledge, and insights necessary for making decisions or understanding subjects.

Discretionary Responsibility

The ethical or societal obligation of a company to make decisions and take actions that will benefit the interests of society as well as the organization.

Corporate Social Responsibility

The practice of businesses taking responsibility for their impact on society and the environment, beyond regulatory compliance and profit-making.

Economic Requirements

The financial needs or conditions necessary to sustain or initiate a business, project, or standard of living.