According to Box 6

question 10

Multiple Choice

According to Box 6.4, which of the following best describes crowdsourcing as a sampling method? It generates a

• A) simple random sample.
• B) purposive sample.
• C) self-selected convenience sample.
• D) snowball sample.

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Definitions:

Journal Entry

A basic record documenting a business transaction in an accounting system, used to transfer information to financial statements.

Bank Balance

The amount of money held in a bank account at a particular time, as recorded by the bank.

NSF Check

Stands for Non-Sufficient Funds Check, a check that cannot be processed due to insufficient funds in the account it was drawn on.

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.