Unbiased Estimates ______

question 33

Multiple Choice

Unbiased estimates ______.

• A)are less conservative estimates of sample statistics
• B)are more conservative estimates of sample statistics
• C)are less conservative estimates of population parameters
• D)are more conservative estimates of population parameters

---

Definitions:

Held for Sale

A classification for assets or disposal groups that are immediately available for sale in their current condition and for which sale is highly probable.

Control Test

A criterion used to determine whether an entity has control over another entity, which could influence consolidation decisions.

Asset Recognition

The criteria and process for including items as assets in the financial statements.

Line-by-Line Method

A method of accounting where the revenues and expenses of subsidiaries are added line-by-line to those of the parent company for consolidated financial reporting.