If Your Population Is Relatively Small,it's a Good Idea to Use

question 84

Multiple Choice

If your population is relatively small,it's a good idea to use which of the following?

• A)Probability sample
• B)Nonprobability sample
• C)Census
• D)All of these are correct.
• E)a or b are correct.

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Definitions:

Balance Sheet

A business statement that consolidates the assets, debts, and shareholder equity of a company at a certain point.

Net Income

The amount of profit left after all expenses, taxes, and costs have been subtracted from total revenue.

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but retained by the company for reinvestment or to pay off debt.

Adjusted Trial Balance

A trial balance that reflects all adjustments made to the general ledger accounts, ensuring the debits equal the credits prior to preparing financial statements.