In practice, auditors do not know whether a sample is representative, even after all testing is complete
Indicate whether the statement is true or false
TRUE
Business
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Ramelson Inc. features photographs of celebrities wearing Ramelson clothes and shoes on its Web site. The company uses these celebrities to promote its products as it believes that celebrities can influence customers' buying decisions. These celebrities serve as _____.
a. opinion leaders b. aspirational reference groups c. nonaspirational reference groups d. decision makers
Business
A risk pool needs a small group of similar exposures for predictive accuracy
Indicate whether the statement is true or false
Business