When performing cluster sampling, the primary issue in choosing a sample size is
a. selecting the strata
b. minimizing cost.
c. including all clusters.
d. selecting the number of clusters.
d
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A voucher is an external document used to accumulate information to control cash payments and to ensure that a transaction is properly recorded.
Answer the following statement true (T) or false (F)
The Dayton Corporation began the current year with a retained earnings balance of $25,000. During the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $3,000 on equipment. Also, during the current year, the company earned net income of $12,000 and declared cash dividends of $5,000. Compute the year end retained earnings balance
A) $29,000 B) $35,000 C) $39,000 D) $45,000
An example of a firm applying the overall cost leadership generic strategy in a value-chain activity would be to automate the production assembly line to reduce scrappage from quality errors.
Answer the following statement true (T) or false (F)
What is it called when you may use copyrighted material in certain situations — for example, in the creation of new work or, within certain limits, for teaching purposes?
A. Ethics. B. Intellectual property. C. Copyright. D. Fair use doctrine.