Which of the Following Statements Regarding Survey Research Is True

question 444

Multiple Choice

Which of the following statements regarding survey research is true?

• A)It is better to have a smaller sample than a larger sample
• B)It is better to have a larger unrepresentative sample than a smaller representative sample
• C)It is better to have a smaller representative sample than a larger unrepresentative sample
• D)It does not matter whether the sample size is small or large

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Definitions:

Cash Sales

Transactions in which customers pay for goods or services at the time of purchase with cash.

Cash Register

A device, either mechanical or electronic, designed to record and compute transactions where sales occur.

Internal Control

Systems and processes implemented by a company to ensure the reliability of financial reporting, compliance with laws and regulations, and efficiency of operations.

Elements

In accounting, elements refer to the basic categories of financial data that are classified in the financial statements, such as assets, liabilities, equity, revenue, and expenses.