When responses are not obtained from some members of the sample, bias is introduced
Indicate whether the statement is true or false
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All of the following statements are true except:
a. The threshold for recording items as liabilities is a lower under IFRS than under U.S. GAAP. b. The threshold for recording items as liabilities is a lower under U.S. GAAP than under IFRS. c. IFRS requires a liability to be recorded as a present value amount. d. Under U.S. GAAP, a contingent item should be recorded as a liability if the loss or outflow is probable and can be reasonably estimated.
Which of the following statements is true of a qualified indorsement?
A. It does not change the negotiable nature of the instrument. B. It specifies the purpose of the indorsement or specifies the use to be made of the instrument. C. It does not eliminate the contractual liability of the indorser. D. It contains the signature of the indorser along with the words indicating to whom, or to whose order, the instrument is payable.
The fundamental difference between informative and persuasive presentations is the ______.
a. introduction b. summary c. speaker’s credibility d. speaker’s intent
A non-profit corporation:
a. cannot generate any income. b. always has tax exempt status. c. cannot distribute any profit to its members. d. Both b and c e. All of the above