________ Relies on the Personal Judgment of the Researcher,rather Than

question 77

Multiple Choice

________ relies on the personal judgment of the researcher,rather than chance,in selecting sampling elements.

• A) Nonprobability sampling
• B) Probability sampling
• C) Simple random sampling
• D) Systematic sampling
• E) Umpire sampling

---

Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

Fair Value

The amount of money one would expect to obtain from selling an asset or the cost incurred to settle a liability, during a structured exchange between parties in the market, as of the valuation date.

Double-Declining-Balance

A method of accelerated depreciation that doubles the normal depreciation rate, reducing the book value of assets more quickly in the early years.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, which reflects the loss in value due to usage, wear and tear, or obsolescence.