Which One of the Following General Statements Is Correct -

question 10

Multiple Choice

Which one of the following general statements is correct -

• A)a sales discount is recorded as a negative amount in the receipts journal
• B)a sale return is recorded as a negative amount in the sales journal
• C)an advance from a customer is entered as a negative amount in the receipts journal
• D)all of the above statements are correct

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Definitions:

Purposive Sampling

A sampling technique where the researcher selects participants based on their judgment and the purpose of the study, targeting a specific group of interest.

Sampling Frame

A list or database from which a statistical sample is drawn for a study or survey.

Confidence Interval

A statistical range, typically derived from sample data, intended to contain the true value of an unknown population parameter with a specified probability.

Random Sample

A sample drawn in such a way that every member of the population has an equal chance of being selected.