Which of the Following Sampling Methods Affords a Researcher the Greatest

question 87

Multiple Choice

Which of the following sampling methods affords a researcher the greatest generalizability?

• A) randomly selecting a sample of introductory psychology students
• B) randomly selecting a sample of both high school and college students
• C) recruiting all the executives at a large company to participate
• D) selecting participants using a random telephone dialing system

Interpret budgeting information to assess business performance and operational planning.

Understand the cash flow impacts derived from operating budgets including sales collection, purchases, and expense payments.

Evaluate the efficiency of production and labor utilization in budgeting processes.

Understand the components involved in preparing a Direct Materials Purchase Budget.

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Definitions:

Time Period Assumption

An accounting principle that assumes a business's complex and ongoing activities can be divided into specific time periods such as months, quarters, or years for reporting purposes.

Reporting Time Periods

The specific intervals for which financial reports are prepared, such as quarterly or annually, to provide stakeholders with timely financial information.

Time Period Assumption

An accounting principle that allows businesses to divide their activities into specific time periods for reporting, such as months, quarters, or years.

Operating Cycle

The operating cycle is the average period of time required for a business to convert its inventory into cash through sales processes.