Which Type of Error Occurs Because the Selected Sample Is

question 125

Multiple Choice

Which type of error occurs because the selected sample is an imperfect representation of the overall population?

• A)frame
• B)field
• C)measurement
• D)random

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Definitions:

Managerial Accounting Reports

Internal financial documents that provide key financial and operational information to help managers make informed decisions.

GAAP

A compilation of standard accounting regulations and practices for financial reporting, termed Generally Accepted Accounting Principles.

Sustainability Accounting Standards Board

A board that was organized in 2011 to develop accounting standards that help companies report decision-useful sustainability information to external financial statement users.

GAAP

Commonly adhered to accounting rules and standards for financial reporting, known as Generally Accepted Accounting Principles.