Auditing, Sampling, Substantive test, Dollar-Unit sampling

William R. Kinney, Jr., The Predictive Power of Limited Information in Preliminary Analytical Review: An Empirical Study, Journal of Accounting Research, Vol. 17, Studies on Auditing-Selections from the "Research Opportunities in Auditing" Program (1979), pp. 148-165

Accounting data, Economist, Investments, Accounting methods

Probabilistic reporting, Asset valuation, Scoring Rule, Probability distribution

Trading in currencies in order to obtain the best possible exchange rate is known as arbitrage and can broadly be divided into three categories:1) Space Arbitrage––transactions to take advantage of discrepancies between rates quoted at the same time in different markets.2) Time Arbitrage––transactions to take advantage of discrepancies between forward margins for different maturities.3) Interest Arbitrage––transactions to take advantage of discrepancies between yield on short-term investments in different currencies. This form of arbitrage can be split into (a) Covered and (b) Uncovered (speculative) interest arbitrage. The former variety uses today's forward rate for forward conversion back into our holding currency; the latter allows the dealer to use the spot rate existing in the future.

Hans R. Stoll, Commodity Futures and Spot Price Determination and Hedging in Capital Market Equilibrium, The Journal of Financial and Quantitative Analysis, Vol. 14, No. 4, Proceedings of 14th Annual Conference of the Western Finance Association, June 21-23, 1979 (Nov., 1979), pp. 873-894

James R. Follain, Jr., A Study of the Demand for Housing by Low Versus High Income Households, The Journal of Financial and Quantitative Analysis, Vol. 14, No. 4, Proceedings of 14th Annual Conference of the Western Finance Association, June 21-23, 1979 (Nov., 1979), pp. 769-782