________ Is a Probability Sampling Technique in Which Each Element

question 90

Multiple Choice

________ is a probability sampling technique in which each element in the population has a known and equal probability of selection.Every element is selected independently of every other element and the sample is drawn by a random procedure from a sampling frame.

• A)Stratified sampling
• B)Simple random sampling
• C)Systematic sampling
• D)Cluster sampling

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Definitions:

Recoverable Amount

The recoverable amount is the higher of an asset's fair value less costs to sell and its value in use.

Carrying Amount

The book value of assets and liabilities recognized in a company's financial statements, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Equity Method

An accounting technique used to record investments in other companies, recognizing income and changes in investment value.

Dividends

Distributions of earnings provided by a company to its stockholders, typically coming from the company's profits.