The Difference Between the Results Obtained for a Sample and the Results

question 45

Multiple Choice

The difference between the results obtained for a sample and the results we would have obtained had we gathered information from the entire population is (the)

• A) nonresponse error.
• B) nonsampling error.
• C) sampling error.
• D) noncoverage error.
• E) office error.

---

Definitions:

Book Value

The net value of a company's assets minus its liabilities, often in relation to an individual asset or the company as a whole.

Plant Assets

Long-term tangible assets used in the operation of a business and not expected to be converted to cash in the short term.

Land Improvements

Expenses for enhancements made to a parcel of land to make it more usable, which do not directly include the land itself but, for example, landscaping, parking lots, and fences.

Depreciated

Refers to the reduction in value of an asset over time due to wear and tear or obsolescence.