The Sampling Method in Which a Population Is Divided into Blocks

question 43

Multiple Choice

The sampling method in which a population is divided into blocks and then selected by choosing a random mechanism is called a:

• A) random sampling
• B) systematic sampling
• C) stratified sampling
• D) cluster sampling

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Definitions:

Jointly Controlled Operations

A collaboration where the entities involved do not create a separate entity but rather operate under a joint agreement, sharing control, and responsibilities.

Jointly Controlled Assets

Assets that are owned and controlled by two or more parties in a joint venture and are used to obtain benefits from engaging in an activity.

Unincorporated Contractual Association

A group of individuals engaged in a business enterprise without forming a legal corporation.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence but not full control or majority ownership, typically involving the recognition of income proportional to its share of the investee's profits.