Sample Base definition

Sample Base means the data chosen to reflect the sample period for projection purposes over the audit period. Sample base usually conforms to the population of the sample period; but may be any consistent data on which the dealer and the auditor agree to use. For example, a sales audit with the month of May as the sample period may use gross sales (population) for the month of May as sample base to be used to arrive at an error factor to compute a liability/refund against gross sales for the entire audit period. The use of sales (population) data as a sample base in a purchase audit is an example of an agreed upon base.
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Related to Sample Base

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Minor source baseline date means the earliest date after the trigger date on which a major stationary source or a major modification subject to 40 CFR 52.21 or to regulations approved pursuant to 40 CFR 51.166 submits a complete application under the relevant regulations. The trigger date is:

  • Sample ballot means a mock ballot similar in form to the official ballot printed

  • Performance of the Basket Componenti (k) means the Performance of the Basket Componenti on the respective Observation Date (k) according to the following formula:

  • Performance of the Basket Componenti (final) means the Performance of the Basket Componenti on the Final Observation Date according to the following formula: