The ________ is the percent of individuals in the sample who qualify to take the survey
A) qualification rate
B) qualification percentage
C) incidence rate
D) response rate
E) none of the above
C
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Which of the following is a correct statement regarding strict liability?
A. Strict liability is commonly described as "liability with fault." B. Generally speaking, negligence is a good defense to strict liability suits. C. The most recent major application of strict liability is to the manufacturers of defective products that are "unreasonably dangerous." D. The basic idea behind strict liability is that the risks associated with certain activities should be borne by an innocent person who has suffered loss.
The expense associated with an uncollectible account is recognized when it has been determined that a customer will not pay the amount owed under the
a. aging method; b. direct write-off method; c. allowance method; d. all of these; e. none of these.
The Sales Discount account is a(n)
a. revenue account; b. contra-revenue account; c. expense account; d. contra-expense account; e. contra-asset account
DuPont analysis breaks return on assets into net profit margin and borrowing capacity
Indicate whether the statement is true or false