Analyze the Sampling Method

question 17

Multiple Choice

Analyze the sampling method.
-Management at a large multinational corporation would like to survey its employees
About the level of interest in combining flexible work schedules with telecommuting from
Home. The HR Department has an alphabetized list of newly hired employees (hired
Within the last year) . After starting the process by randomly selecting an employee from
The list, then every 5th name is chosen to be included in the sample. This sampling plan is
Called

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

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, usually a fiscal quarter or year, to calculate net income.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the correct period.

Net Income

The net earnings of a company, calculated by deducting all operating costs and taxes from the total income.

Adjusting Entries

Entries recorded in the journals at the conclusion of a fiscal period to distribute revenues and costs to the timeframe in which they genuinely took place.