A Researcher May Not Question All Members of a Population

question 115

Multiple Choice

A researcher may not question all members of a population for each of the following reasons, EXCEPT:

• A) populations can be very large.
• B) members may not be available or interested in participating.
• C) data from samples provide more accurate results than data from populations.
• D) it would be too costly to examine all members of the population.

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Definitions:

Direct Method

A way of preparing a cash flow statement where actual cash receipts and payments are reported, rather than adjusting net income for accruals.

Reciprocal Method

An accounting technique used in managerial accounting to allocate costs between support departments, taking into account the mutual services they provide to each other.

Sequential Method

An approach to cost allocation in which support department costs are allocated to other support and operating departments sequentially, one after another, based on a predetermined order.

Reciprocal Services

Services exchanged between departments within an organization, used in cost accounting to allocate service department costs to producing departments.