What Is a Disadvantage of Quota Sampling

question 5

Multiple Choice

What is a disadvantage of quota sampling?

• A) It is time-consuming and tedious.
• B) There are no disadvantages.
• C) The degree of generalizability is questionable.
• D) It is expensive.

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Definitions:

Acid-test Ratio

A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.

Quick Assets

Assets that can be quickly converted into cash without a significant loss in value, including cash, marketable securities, and accounts receivable.

Current Liabilities

Obligations or debts that a company must pay within one year or within its operating cycle if longer.

Gross Margin Ratio

A financial ratio that measures a company's financial health, calculated by subtracting the cost of goods sold from net sales and dividing by net sales.