In Which of the Following Situations Would the Use of Sampling

question 73

Multiple Choice

In which of the following situations would the use of sampling be most appropriate?

• A)The need for precise information is less important.
• B)The number of items comprising the population is smaller.
• C)The likelihood of selecting a representative sample is relatively low.
• D)The use of sampling would be appropriate in all of the above situations.

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Definitions:

After-Tax Earnings

The net income of a company after all taxes have been deducted from revenues.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing corporation.

Large Stock Dividend

A distribution of a substantial number of shares to a company's shareholders, often used to conserve cash while still rewarding investors.

Market Value

Market value is the current price at which an asset or service can be bought or sold in the market.