Examlex
A local talk radio station conducts a poll to determine if its listeners favor or oppose the president's proposed actions on judicial appointments. To express their opinions, listeners are asked to call, email, or text-message the radio station. The poll results in 89.38 percent of the responders opposing the proposed judicial appointments.
What type of sampling was used in this situation?
Expenses
Outflows or other uses of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.
Liability
Legal obligations related to finances that a business incurs throughout its operational processes.
Accounting Equation
The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owner's Equity.
Cash
Money in the form of currency that can include bills, coins, and balances in bank accounts that are readily available for use.
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