Which of the Following Is Not a Valid Advantage for Studying

question 39

Multiple Choice

Which of the following is not a valid advantage for studying a sample rather than an entire population?

• A) Sampling saves the researcher time.
• B) Sampling enables the researcher to get more detailed information about a particular subject.
• C) Sampling is more costly than using the population.
• D) Sampling allows the researcher to obtain information that may not be gained otherwise.

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Definitions:

Closing Entries

journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby preparing the accounts for the next period.

Capital Account

A financial statement that shows the changes in a company's equity throughout an accounting period, including contributions from and distributions to owners.

Withdrawals Account

An account used to track money taken out of a business by its owner(s) for personal use.

Income Summary

An account used in closing process to collect all revenue and expense account balances before determining net income or loss.