Julio Needs to Collect Data for His Senior Honors Thesis

question 11

Multiple Choice

Julio needs to collect data for his senior honors thesis and has decided to administer surveys to 500 students who are currently enrolled in an Introductory Sociology course at his college.Julio's sample is a good example of a ________ sample.

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

---

Definitions:

Operating Income

Operating income is the amount of profit realized from a business's core operations, excluding taxes and interest expenses.

Negative Net Cash Flow

A situation where a company's outgoing cash exceeds the incoming cash during a specific period, indicating potential financial trouble.

Financial Statements

Structured reports that detail the financial performance of an organization, typically including the balance sheet, income statement, and cash flow statement.

Depreciation Expenses

The allocation of the cost of tangible assets over their useful lives, recognized as an expense on the income statement.