The Population Being Studied Is Usually Considered _____ If It

question 36

Multiple Choice

The population being studied is usually considered _____ if it involves an ongoing process that makes listing or counting every element in the population impossible.

• A) finite
• B) infinite
• C) skewed
• D) symmetric

---

Definitions:

Normal Balance

The side of an account, either debit or credit, where increases in the account are recorded.

Net Book Value

The value of an asset after accounting for depreciation or amortization, representing its carrying value on the balance sheet.

Adjusting Journal Entry

An accounting entry made in the books at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

Supplies Account

An account used to track the cost of supplies consumed by a business during an accounting period.