Exhibit 7-2 A Random Sample of 10 Examination Papers in a Course

question 92

Multiple Choice

Exhibit 7-2
A random sample of 10 examination papers in a course, which was given on a pass or fail basis, showed the following scores.
-Refer to Exhibit 7-2. The point estimate for the proportion of all students who passed the course is

• A)0.8
• B)0.2
• C)1.8
• D)1.2

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Definitions:

Accountant

A professional who performs accounting functions such as audits or financial statement analysis according to established principles.

Embezzlement

The theft or misappropriation of funds or property entrusted to one's care by their employer or another party.

Audit

An inspection or examination of financial records to verify their accuracy and compliance with laws or standards.

Accountant

A professional who performs accounting functions such as audits or financial statement analysis according to established standards.