Explanation

Probability sampling is a type of sampling method in statistics

where every member of a population has a known and equal chance of being selected for a sample.

Explanation

Investment decision-making traditionally consists of two steps:

security analysis 

portfolio management 

Explanation

The International Auditing and Assurance Standards Board (IAASB) is an independent standard-setting body that serves

the public interest by setting high-quality international standards for auditing, quality control, review

Explanation

If the credit period is increased from 45 days to 60 days, this will result in more blockage of funds and will increase in the average collection period.

The credit policy of an organization consists of various elements like cash discount, collection period etc

Explanation

Bonus shares are issued by cashing in on the free reserves of the company.

The assets of a company also consist of cash reserves.

A company builds up its reserves by retaining part of its profit over the years (the part that is not paid out as dividends).

Explanation

An inventory profit is the difference between what it costs you to buy an item and how much you sell it for.

Explanation

Auditing is defined as the on-site verification activity, such as:

inspection or examination,

of a process or quality system,

to ensure compliance to requirements.

An audit can apply to an entire organization or might be specific to a function, process, or production step.

Explanation

Staffing in HRM, or human resource management, is the function of:

employee recruitment,

screening, 

selection performed within a business to fill job openings

Explanation

Preferred stock is a different type of equity that represents ownership of a company and the right to claim income from the company's operations.

Preferred stockholders have a higher claim on distributions (e.g. dividends) than common stockholders.

Explanation

Governments can modify the fiscal policy by bringing in measures and changes in tax rates to control the fiscal deficit of the economy. 

Fiscal policy is a means to use government spending and taxation to influence the economic situation.