If Systematic Sampling Is Chosen as the Sampling Technique,it Is

question 45

Multiple Choice

If systematic sampling is chosen as the sampling technique,it is probably because:

• A) Systematic sampling has better statistical properties than simple random sampling
• B) Systematic sampling is more convenient
• C) Systematic sampling always results in more representative sampling than simple random sampling
• D) None of these options

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Definitions:

Matching Principle

An accounting principle that requires expenses to be matched with the revenues they help to generate in the same accounting period.

Expenses

Costs incurred during the operation of a business, such as rent, salaries, and utilities, required for generating revenue.

Revenue

The overall earnings accrued from transactions involving goods or services at the heart of a business's primary operations.

Retrospective Approach

The retrospective approach involves revising previously issued financial statements to reflect changes in accounting policy as if the new policy had always been in effect.