"Probability Proportional to Size" Means

question 108

Multiple Choice

"Probability proportional to size" means:

• A) A cluster's probability of selection is independent of size
• B) All members of a cluster are chosen
• C) Sample size depends upon the proportion of the population chosen
• D) The probability of a cluster's selection is dependent upon its size

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Definitions:

Bank Reconciliation

The process of matching and adjusting the balance of an entity's bank account against its financial records to ensure accuracy.

Deposits in Transit

Deposits in transit refer to funds that have been received and recorded by a business but not yet reflected in the bank's records.

Service Charges

Fees charged for providing a particular service, often seen in banking and accommodations.

Current Assets

Resources anticipated to be turned into cash, disposed of, or used up either within one year or over the length of the business's operational cycle, depending on which period is greater.