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A school district administrator sent a survey to all teachers in the district. Only 30% of the teachers
Responded to the survey. Which of the following is true?
I. The people that did not responded are likely to be similar to those that did so he should use them
As the sample.
II. This survey design suffered from non-response bias.
III. Because he sent the survey to everyone, this is a census and the results can be applied to the
Whole population.
Subsidiary's Income
The earnings generated by a company that is more than 50% owned by another company, referred to as the parent company.
Straight Line Amortization
A method of writing off the cost of an intangible asset evenly over its useful life.
Equity Method
An accounting approach used to assess the investment in another company, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of net assets and recorded earnings of the investee.
Impairment Test
An examination to determine if an asset's carrying amount exceeds its recoverable amount, and if so, to measure the amount of impairment loss.
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