A Segment or Subset of the Population That Adequately Represents

question 12

Multiple Choice

A segment or subset of the population that adequately represents the entire population of interest is known as a(n) :

• A)hypothesis.
• B)observation.
• C)element.
• D)case.
• E)sample.

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Definitions:

Return on Assets

A financial ratio that indicates the profitability of a company in relation to its total assets.

Return on Assets

Return on assets (ROA) is a financial ratio that indicates how profitable a company is relative to its total assets, calculated by dividing net income by total assets.

Multiple Step Income Statement

An income statement that separates operational revenues and expenses from non-operational ones to calculate net income.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used to prepare financial statements.