In Order for a Survey to Accurately Generalize the Entire

question 12

Multiple Choice

In order for a survey to accurately generalize the entire population, the survey must

• A)sample at least 10 percent of the target population.
• B)sample at least 25 percent of the target population.
• C)sample at least 10,000 individuals from the target population.
• D)select respondents randomly, and everyone in the target population must have an equal chance of being selected.

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Definitions:

Negotiated Price Approach

A pricing strategy where the final sale price of a product or service is determined through bargaining between the buyer and the seller.

Market Price Approach

An approach to transfer pricing that uses the price at which the product or service transferred could be sold to outside buyers as the transfer price.

Transfer Prices

Prices set for the sale of goods and services between controlled or related legal entities within an enterprise.

Market Price Approach

The market price approach is a method used to value assets based on the current market price of similar or identical assets.