Measurements from a Population Are Called

question 8

Multiple Choice

Measurements from a population are called

• A)Elements.
• B)Observations.
• C)Variables.
• D)Processes.

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Definitions:

Sales Journal

A specialized journal used to record all sales of merchandise on credit.

Daily Posting

The process of recording and updating financial transactions in the books of accounts on a daily basis.

Accounts Receivable

Monetary claims a company holds against customers for supplied goods or services awaiting financial settlement.

Sales Journal

A specialized accounting journal used to keep track of the sales of items on credit.