The Owner's Claim to the Assets of a Business Is

question 69

True/False

The owner's claim to the assets of a business is called equity or owner's equity.

---

Definitions:

Sampling Units

The units selected for study.

Geographic Units

Specific, defined areas used for statistical, administrative, or other geographic purposes.

Sampling Error

The error that occurs due to differences between the sample selected for a study and the overall population, which can affect the generalizability of results.

Sampling Judgment

A method of selecting participants or subjects for a study based on the researcher's knowledge and judgement.