DISCOVERY SAMPLING Definition

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DISCOVERY SAMPLING is sampling to determine whether internal control compliance is greater than or less than the tolerable deviation rate when the expected attribute occurrence rate is zero.

Learn new Accounting Terms

VAR is an acronym for Value-Added Reseller (usually of technology products) or, in finance, Value at Risk.

EX-DIVIDEND DATE is the first date a stock trades without dividend, usually four business days before the record date.

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