Suppose You Are in a Shopping Mall and You Agree

question 32

Multiple Choice

Suppose you are in a shopping mall and you agree to answer questions from an interviewer doing a survey of those who pass by. As a sociology student, you know that results of this survey will not be scientifically sound. Why?

• A) Because the researchers have not used a strategic sample.
• B) Because the researchers have not used a convenience sample.
• C) Because the researchers have not used a probability sample.
• D) Because the researchers have not used a stratified sample.

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Definitions:

Allowance for Doubtful Accounts

The allowance for doubtful accounts is an accounting technique to estimate the amount of receivables that are expected not to be collected, acting as a contra account to accounts receivable.

Bad Debt Expense

An expense reported on the income statement, representing the estimated amount of credit sales that are not expected to be collected due to customer default.

Uncollectible Receivables

Refers to money owed to a company that it is unable to collect from its debtors, often considered as a bad debt expense.

Allowance Method

An accounting technique used to estimate and account for bad debts, where companies anticipate some accounts receivable will be uncollectible.