An important statistic to consider when using a statistical sampling audit plan is the population variability. The population variability is measured by the

In which of the following situations is a business most likely to opt for a direct rather than an indirect marketing channel system for product distribution?

A) The business manufactures products for the consumer market rather than the business market. B) The business's products are sold in wide markets, and require localized availability of parts and services. C) The business is new to the market and does not have a network of contacts in place for distribution. D) The business wants to maintain complete control over its marketing messages and collection of payments for products. E) The business manufactures a product that people buy on impulse and is generally sold in small quantities.

Which of the following is true of criminal law?

A) The purpose of criminal law is purely punitive. B) An act that is a misdemeanor in one state could be a felony in another state. C) It does not believe in rehabilitation of offenders or restitution to victims. D) It is the law governing litigation between two private parties.