A Probability Sampling Method in Which We Randomly Select One

question 47

Multiple Choice

A probability sampling method in which we randomly select one of the first k elements and then select every k^th element thereafter is _____ sampling.

• A) stratified random
• B) cluster
• C) systematic
• D) convenience

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Definitions:

Entity Method

A consolidation method where investments are recorded at cost and dividends are recognized as income, without showing the financial results and financial position of the entity in which the investment is held as part of the investing entity’s financial statements.

Carrying Value

The book value of assets and liabilities as reported on a company's balance sheet, factoring in depreciation, amortization, and impairments.

Fair Value

An estimated market value of an asset or liability, based on the assumption of a transaction between willing parties in an arm's length transaction.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, representing factors such as reputation, brand, and customer relationships.