Which of the Following Is a Correct Statement

question 28

Multiple Choice

Which of the following is a correct statement?

• A)Choosing the third person listed on every fifth page of the phone book is stratified sampling.
• B)An advantage of a systematic sample is that no list of enumerated data items is required.
• C)Convenience sampling is used to study shoppers in convenience stores.
• D)Judgment sampling is an example of true random sampling.

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Definitions:

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value.

Present Obligation

A duty or responsibility that is expected to be settled in the future, recognized as a liability.

Past Event

An event or transaction that has occurred prior to the balance sheet date, impacting the financial position or performance of an entity.