A Convenience Sample Is Also Called an Accidental Sample as Those

question 45

True/False

A convenience sample is also called an accidental sample as those included just happen to be in the place where the study is being conducted.

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Definitions:

Accrual Basis

An accounting method that recognizes revenue when earned and expenses when incurred, regardless of when cash is exchanged.

Wages Expense

The cost incurred by a company for the work performed by its employees, reflected in its financial statements.

Wages Payable

An account that shows the total amount of wages earned by employees that the company has not yet paid.

Accounting System

A methodical procedure of accurately and timely recording and organizing financial transactions and information.