Which of the Following Statement Is Correct

question 54

Multiple Choice

Which of the following statement is correct?

• A)Errors in the sales budget only affect the revenue side of the business.
• B)Errors in the sales budget affect both the revenue and expense sides of the firm.
• C)By definition there can be no error in the sales budget.
• D)All of these.
• E)None of these.

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Definitions:

Correlational Studies

Research methods used to examine a relationship between two or more variables without manipulating them.

Random Assignment

A method used in experiments to assign participants to different groups using chance, ensuring each participant has an equal opportunity to be assigned to any group.

Random Sample

A selection method where each member of a population has an equal chance of being included, ensuring the sample's representativeness of the entire population.

Equal Chance

This term means having the same probability or likelihood of occurring as another event, situation, or outcome.