Which of the following is the sampling selection method where the population is stratified by important variables, and the required quota is obtained from each stratum or level?
A) judgment sampling
B) cluster sampling
C) quota sampling
D) simple random sampling
C
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Which of the following is an example of a perceived opportunity that can lead to financial statement fraud?
a. Inability to compete with other companies b. Independent audit and a strong board of directors c. Thinking that fraud is good for the company d. Inadequate internal controls
How many times do the authors recommend practicing a pitch in front of friends, family, or other entrepreneurs?
a. 1–2 time b. 3–4 times c. 5–7 times d. at least 10 times
Nina is a high-performing individual who works best alone. Which of the following companies is the most appropriate for her?
A. A company that uses a hierarchical pay structure to pay its employees based on performance B. A company that pays its employees based on their seniority rather than their performance C. A company that pays all its employees the same amount of money D. A company that uses an egalitarian pay structure
Small Orange Fine Foods is a specialty grocery store. The employees are classified according to job titles for workers' compensation insurance premium computation purposes.
a. Based on the payroll estimates as of January 1, what is the total estimated workers' compensation premium for 20XX? b. The actual payroll for 20XX is listed below. What is the workers' compensation premium based on the actual payroll? c. What is the difference between the actual and the estimated premiums?