STOP-OR-GO SAMPLING Definition

STOP-OR-GO SAMPLING is taking a sample from a population and checking after each sample item is drawn whether the sample supports a desired conclusion. Sampling ceases as soon as that conclusion is supported.

Learn new Accounting Terms

DEFICIT BUDGET is where the estimates of expenses are greater than estimates of revenue.

RETROSPECTIVE REIMBURSEMENT, in healthcare, is where reimbursement came after medical care was delivered.

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