Respondents in the National Crime Victimization Survey Include

question 2

Multiple Choice

Respondents in the National Crime Victimization Survey include:

• A) a representative sample of all individuals throughout the United States
• B) individuals ages 12 and older
• C) people in prison and mental institutions
• D) a sample of businesses
• E) all of the above

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Definitions:

Bad Debts Expense

Represents the amount of accounts receivable a business does not expect to collect and charges off as a loss in its financial statements.

Net Credit Sales

The total revenue from sales made on credit minus any returns or allowances.

Promissory Note

A fiscal device comprising a binding commitment from one party to another to remit a precise sum of money, which can be demanded anytime or on a predetermined date.

Merchandise

Goods that are bought and sold in business.