Which of the Following Statements Is True About Each Sample

question 28

Multiple Choice

Which of the following statements is true about each sample element in a purposive sample?

• A) They are randomly selected.
• B) They are selected for a purpose.
• C) They are a subset of a larger population.
• D) They are necessary to meet a quota.

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Definitions:

Equipment

Physical assets used in the operation of a business, such as machinery, computers, and furniture.

Cash

Represents money or its equivalents (such as checks) that a company possesses and can use for transactions.

Withdrawals

Money or assets taken from a business by its owner(s) for personal use, typically reducing the total equity.

Cash

Liquid currency and assets readily convertible to currency, used by businesses to conduct transactions.