Which of the Following Is Not an Advantage of Using

question 25

Multiple Choice

Which of the following is not an advantage of using a stratified sample?

• A) Ensures that the sample is distributed in the same way as the population based on some criteria
• B) Can ensure that groups that are a small proportion of the larger population are included in the sample
• C) Researchers can determine criteria relevant to their research study.
• D) Several criteria for stratifying can be used at the same time

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Definitions:

Receivables Balance

The total amount of money owed to a company by its customers for goods or services delivered, but not yet paid for.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers.

Average Daily Sales

The average amount of sales generated per day over a specific period, commonly used to assess business performance.

Credit Policy

Guidelines that a company follows to determine the creditworthiness of customers, which influence terms of credit and collection procedures.