Which of the Following Statements Is a Correct Statement About

question 75

Multiple Choice

Which of the following statements is a correct statement about haphazard sampling?

• A)the sample is selected without any bias.
• B)haphazard sampling can be used for either statistical or non-statistical sampling.
• C)haphazard sampling may be used when items in the population are not prenumbered documents.
• D)haphazard sampling must be used when items in the population are not prenumbered documents.
• E)haphazard sampling can only be used for non-statistical sampling.
• F)both A and B
• G)both A and E
• H)Both D and E

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Definitions:

Merchandise Inventory

The total value of a company's products that are physically held in stock, awaiting sale to customers.

Accounts Receivable Turnover

A financial ratio that measures how many times a company collects its average accounts receivable within a given period.

Net Accounts Receivable

The amount of money owed by customers for goods or services that is expected to be collectible, after accounting for allowances for doubtful accounts.

Net Cash Sales

The amount of cash generated from sales transactions, after deducting returns, allowances, and discounts.