Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / An auditor is testing accounts receivable for a client that has 1,000 customers with customer balances that range from $150 to $185,000

An auditor is testing accounts receivable for a client that has 1,000 customers with customer balances that range from $150 to $185,000

Accounting

An auditor is testing accounts receivable for a client that has 1,000 customers with customer balances that range from $150 to $185,000. The auditor subdivided the receivables into three groups: group 1 has all customers with receivable balances between $185,000 and $100,000, group 2 has all customers with receivable balances between $100,000 and $25,000, and group 3 has all customers with receivable balances less than $25,000. The auditor then randomly selects customers out of each group. This is known as:

a.       random selection.

b.      stratified sampling.

c.       haphazard selection.

d.      block selection

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE