In the Context of Establishing Validity in the Absence of Random

question 20

True/False

In the context of establishing validity in the absence of random sample selection, the "good enough" principle stipulates that nonrandom samples can have characteristics such that generalization to a certain population is reasonable.

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Definitions:

Asset Account

An account on a company's balance sheet that represents a resource with economic value that an entity owns or controls.

Journal

An official financial record in which transactions are recorded in chronological order before they are transferred to accounts in the general ledger.

Ledger Accounts

Records that reflect the financial transactions of a company, organized within a book or a computerized accounting system.