In stratified sampling, the population is divided into relatively homogeneous subsets called strata, and then random samples are taken from each stratum

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Uniform Supply accepted a $12,800, 90-day, 9% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on January 15 of the next year when the note is paid? (Assume reversing entries are not made.). (Use 360 days a year.)

A. Debit Cash $13,088; credit Interest Revenue $240; credit Interest Receivable $48; credit Notes Receivable $12,800. B. Debit Cash $13,088; credit Interest Revenue $288; credit Notes Receivable $12,800. C. Debit Cash $13,088; credit Interest Revenue $48; credit Interest Receivable $240; credit Notes Receivable $12,800. D. Debit Cash $13,088; credit Notes Receivable $13,088. E. Debit Notes Receivable $12,800; debit Interest Receivable $288; credit Sales $13,088.

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____ occurs when a supervisor or team leader listens to a live or recorded call in order to measure the quality of an analyst's performance during the call.

A. Observing B. Evaluation C. Role playing D. Monitoring

Business

Intra-company standards for financial statement analysis:

A. Are set by the company's industry through published statistics. B. Are often set by competitors. C. Are based on a company's prior performance and relations between its financial items. D. Are published by analyst services such as Standard & Poor's. E. Are based on rules of thumb.

Business

______ is the price one would will be willing to pay for acquiring an additional unit of a resource.

A. Final cost B. Reduced cost C. Shadow price D. Single price

Business