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Introduction:The sampling method the numbers are assigned to the items or products. Random sampling selects those items in a random manner.
Requirement 1
Define the simple random sampling.
Introduction:Systematic sampling is process to select the products in random way but in a periodically manner.
Requirement 2
Define the systematic sampling.
Introduction:Here the items or samples have been selected in random order but within the sample interval.
Requirement 3
Define the systematic random sampling.
Introduction:In haphazard sampling the samples are selected in haphazard way or non-systematic manner.
Requirement 4
Define the haphazard sampling.
Introduction:When set of samples represents the block of same type of samples that sampling is called the block sampling.
Requirement 5
Define the block sampling.
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Chapter 8 Solutions
Auditing: A Risk Based-Approach to Conducting a Quality Audit
- What was the cost of goods sold for this financial accounting question?arrow_forwardRichmond Corporation's 2021 balance sheet reported net fixed assets of $15,725,600 and accumulated depreciation of ($4,875,200). Richmond Corporation's 2022 balance sheet reported net fixed assets of $20,910,300 and accumulated depreciation of ($6,430,700). What was the change in gross fixed assets for Richmond Corporation between 2021 and 2022?arrow_forwardNeed this general account subject solutionarrow_forward
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- Auditing: A Risk Based-Approach (MindTap Course L...AccountingISBN:9781337619455Author:Karla M Johnstone, Audrey A. Gramling, Larry E. RittenbergPublisher:Cengage Learning
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