ALLOWANCE FOR SAMPLING RISK Definition

Bookmark and Share

ALLOWANCE FOR SAMPLING RISK is the difference between a sample estimate and the projected population characteristic at a specified sampling risk. This allowance
is also the difference between the expected error rate and the tolerable
deviation rate.

Learn new Accounting Terms

FEI is Financial Executive Institute.

FINANCIAL STATEMENT is a written report which quantitatively describes the financial health of a company. This includes an income statement and a balance sheet, and often also includes a cash flow statement. Financial statements are usually compiled on a quarterly and annual basis.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.