________ Is a Sampling Technique in Which an Element Cannot

question 44

Multiple Choice

________ is a sampling technique in which an element cannot be included in the sample more than once.

• A)Bayesian approach
• B)Sampling with replacement
• C)Sampling without replacement
• D)Simple random sampling

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Definitions:

Petty Cash Account

A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.

Cash Over and Short

An accounting discrepancy representing a minor difference between the actual amount of cash on hand and the recorded amount.

Miscellaneous Expenses

Expenses that don't fit into any standard category of the business's budget, often small or irregular costs.

Invoice

A document issued by a seller to a buyer that itemizes a transaction and requests payment for goods or services provided.