Which One of the Following Is $\textbf{ not }$

question 36

Multiple Choice

Which one of the following is $\textbf{ not }$ a reason for taking a sample instead of conducting a census?

• A) The sample can save money.
• B) The sample can save time.
• C) The population is difficult to access.
• D) The safety of the consumer.
• E) none of the above

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Definitions:

Consolidating Entries

Journal entries made in the process of combining the financial statements of multiple subsidiaries with those of a parent company.

Original Cost

The acquisition cost of an asset before adjusting for depreciation, amortization, or impairment costs.

Book Value

The net value of a company's assets minus its liabilities, essentially the company's total equity.