SAMPLING ERROR Definition

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SAMPLING ERROR is the fact that unless 100% of a population is examined, there is some chance the sample results will mislead the examiner. This risk is sampling error.
The larger the sample, the less chance of sampling error and the greater the
reliability of the results.

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ASSETS HELD FOR SALE are those assets, primarily long-term assets, that an entity wishes to dispose of or liquidate through sale to others.

OTHER CURRENT LIABILITIES includes any other current liabilities, including bank overdrafts and accrued expenses.

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