Implicit Transactions Are an Integral Part Of

question 58

Multiple Choice

Implicit transactions are an integral part of:

• A) cash basis accounting
• B) accrual basis accounting
• C) not- for- profit accounting
• D) All of these answers are correct.

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Definitions:

Haphazard Sampling

A non-systematic sampling method where items or individuals are selected randomly in an unplanned way, without any specific pattern.

Simple Random

A sampling method in which every member of a population has an equal chance of being selected for the sample.

Survey Questionnaires

A research instrument consisting of a series of questions designed to gather information from respondents for data collection purposes.

Quota Sampling

A non-random sampling technique where individuals are selected based on specific traits or characteristics to ensure representation of these traits in the sample.