A Sample Survey of Intangibles Typically Is Used Instead of a Census

question 11

Multiple Choice

A sample survey of intangibles typically is used instead of a census of intangibles because

• A) collecting information from a population may be excessively expensive in terms of time and money.
• B) it is often impossible to collect information on all people in a population.
• C) a representative sample reflects the characteristics of the population within a well-defined margin of error.
• D) All of these are true.

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Definitions:

Operating Profit

Profit earned from a firm's core business operations, excluding deductions of interest and tax.

Potted Poinsettias

A common household plant, particularly popular during the holiday season, characterized by its red and green foliage.

Operating Profit

A company's profit from its regular business operations, excluding expenses from interest, taxes, and other non-operational activities.

Operating Profit

Operating profit is the income earned from a company's core business operations, excluding deductions of interest and taxes.