Of the types of random sampling used, ________ sampling is a procedure that surveys different segments of the targeted population
A) cluster
B) systemic random
C) stratified random
D) simple random
C
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Fewer than 10 percent of all new products are truly innovative and new to the world
Indicate whether the statement is true or false
Based on the following data for the current year, what is the number of days' sales in accounts receivable? Net sales on account during year $584,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000
A) 7.3 B) 2.5 C) 14.6 D) 25
Allocation of indirect expenses is done on a reasonable basis
Indicate whether the statement is true or false
The Federal Commerce Commission (FCC) serves as the consumer protection agency for the United States.
Answer the following statement true (T) or false (F)