Which of the Following Is NOT One of the Axioms

question 75

Multiple Choice

Which of the following is NOT one of the axioms of sample size and accuracy?

• A)The only perfectly accurate sample is a census.
• B)A probability sample will always have some inaccuracy (sample error).
• C)Increasing sample size increases the sample's representativeness.
• D)A probability sample size can be a very tiny percentage of the population size and still be very accurate.
• E)The size of a probability sample depends on the client's desired accuracy balanced against the cost of data collection.

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Definitions:

Held-to-Maturity Securities

Investment securities that a company has the intent and ability to hold until a specified maturity date.

Interest Revenue

Income earned from lending investments or depositing funds in interest-bearing accounts, often reported on the income statement.

Held-to-maturity Securities

Held-to-maturity Securities are debt securities that an investor intends and is able to hold until their maturity date, recorded at amortized cost in financial statements.

Maturity Date

The date on which a debt instrument (like a bond) or other financial obligation becomes due and is to be paid off.