Exhibit 7-2: Label the Following Characteristics of Sampling Procedures as Convenience

question 32

Multiple Choice

Exhibit 7-2: Label the following characteristics of sampling procedures as convenience, purposive, or quota.
-Refer to Exhibit 7-1.Only the first case is randomly selected.

• A) simple random
• B) stratified
• C) cluster
• D) systematic

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Definitions:

Corporate Creditors

These are entities or individuals to whom a corporation owes money, often due to borrowing or acquiring services or goods on credit.

Plan of Consolidation

A strategy or proposal for combining two or more entities into a single entity, usually to streamline operations and reduce costs.

Consolidation

A contractual and statutory process in which two or more corporations join to become a completely new corporation.

Corporate Combinations

Mergers or acquisitions between companies to consolidate assets, operations, or management.