A Marijuana Survey Included 1610 Responses from a List of Approximately

question 17

Multiple Choice

A marijuana survey included 1610 responses from a list of approximately 241,500,000 adults in the U.S. from which every 150,000th name was surveyed. Identify which of these types of sampling is used:

• A) Stratified
• B) Cluster
• C) Convenience
• D) Systematic
• E) Simple random

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Definitions:

Notes Payable

Financial obligations or loans represented by a promissory note that a company needs to pay back.

Successful-efforts Method

An accounting method used in the energy industry for recognizing and capitalizing only those expenses associated with successfully locating new oil or natural gas reserves.

Full-cost Method

A method of accounting for all expenditures associated with the exploration and development of oil and gas reserves as capitalized costs, which are then amortized over the total volume of proven resources.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that is globally accepted for financial reporting.