Once It Is Determined That a Sample (Versus a Census)is

question 7

Multiple Choice

Once it is determined that a sample (versus a census) is needed,the next step in the sampling planning process is to ________.

• A)determine the project budget
• B)determine the project timing
• C)describe the correct sample frame
• D)define the target population
• E)determine whether to use a probability or nonprobability approach to sample selection

---

Definitions:

Equal Capital Interests

A situation where all partners or owners have the same stake in the capital of a business.

Capital Balances

Refers to the amount of money in a company's accounts designated for the owners or partners, reflecting their stakes in the business.

Income Ratios

Financial metrics that compare different aspects of a company's income, such as net income to sales, to assess its financial performance and profitability.

Partnership Cash

Funds or capital held by a partnership, which is a business entity owned by two or more individuals.