Quota sampling is a type of ________ sampling.
A. probability
B. random
C. snowball
D. nonprobability
E. preferred
Answer: D
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Differences between IFRS and U.S. GAAP in accounting for pensions include all of the following except:
A. Under U. S. GAAP the asset (liability) on the balance sheet differs from the plan's actual funded status, while under IFRS the asset (liability) on the balance sheet equals the plan's actual funded status. B. Under IFRS past service costs are recognized immediately as part of pension expense. C. Pension expense computed using U.S. GAAP is likely to be higher because it allows firms to use an expected rate of return that exceeds the discount rate. D. Under IFRS actuarial gains and losses are recognized in OCI without subsequent amortization to pension expense.
While creating a loyal brand community is useful for large companies, it is not cost-effective for small firms
Indicate whether the statement is true or false
An area where nondisplayed items are stocked is _____ space
a. merchandise b. customer c. selling d. personnel
Accounts receivable arising from sales to customers amounted to $35,000 and $40,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $120,000. Exclusive of the effect of other adjustments, the cash inflows from operating activities to be reported on the statement of cash flows is:
A) $120,000. B) $125,000. C) $155,000. D) $115,000.