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For each of the following situations, decide what sampling method you would use. Provide an explanation of why you selected a particular method of sampling.
a. The major state university in the state is attempting to lobby the state legislator for a bill that would allow the university to charge a higher tuition rate than the other universities in the state. To provide a justification, the university plans to conduct a mail survey of its alumni to collect information concerning their current employment status. The university grants a wide variety of different degrees and wants to make sure that information is obtained about graduates from each of the degree types. A 5% sample of alumni is considered sufficient.
b. The Environmental Protection Agency (EPA) is required to inspect landfills in the United States for the presence of certain types of toxic material. The materials were sealed in containers and placed in the landfills. The exact location of the containers is no longer known. The EPA wants to inspect a sample of 100 containers from the 4,000 containers know to be in the landfills to determine if leakage from the containers has occurred.
Which of the following statements best describes auditors' responsibility to detect errors and frauds?
on december 31 2010 abc company sold property to xyz company in exchange for a 3 year 3 promissory note in the face
Aug 25 Units costing $50,000 were completed in the Assembly Department and were transferred to finished goods.
Prepare journal entries to record depreciation of the machine at December.
What possible motivation might a business manager have for perpetrating fraud?
chadd fisher was recently appointed vice president of operations for cary corporation. he has a manufacturing
effect of transactions on cash flows state the effect cash receipt or payment and amount of each of the following
stanley roper has 2400 that he is looking to invest. his brother approached him with an investment opportunity that
green company uses part jr3 in manufacturing its products. it has always purchased this from a supplier for 40 each. it
How does the changing nature of the workforce and the economy, described in your textbook and in the case, affect your conclusions about how to manage retail employees? Does the participation of a more experienced workforce help or hurt these ..
The Smokey Mountain Coal Company sells coal to electric utilities in the southeast. Unfortunately, Smokey's coal has a high particulate content, and, therefore, the company is adversely affected by state and local regulations governing smoke and d..
The cash and securities comprising a sinking fund established to redeem bonds at maturity in 2015 should be classified on the balance sheet as:
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