Which Probability Sampling Technique Is Economically Efficient and Uses a Group

question 15

Multiple Choice

Which probability sampling technique is economically efficient and uses a group of elements as the primary sampling unit?

• A)simple random
• B)snowball
• C)cluster
• D)quota

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Definitions:

Return On Assets

A profitability ratio that measures how efficiently a company uses its assets to generate profit, calculated as net income divided by total assets.

Asset Turnover

A ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

Financial Statement Presentation

The method of organizing and presenting financial data of a company in its financial statements, according to accounting standards.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since its acquisition.