Judgment sampling is not prone to bias
Indicate whether the statement is true or false
FALSE
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A company receives a subscription for 4,000 shares of $1 par value common stock at $10 per share. The journal entry for this transaction would include a debit to
a. Common Stock Subscriptions Receivable, $40,000. b. Common Stock Subscribed, $40,000. c. Common Stock, $40,000. d. Premium on Common Stock, $40,000.
The second stage of interviews (following screening) is the ________ stage
A) in-depth B) narrowing C) exploration D) elimination E) selection
Which of the following risks is related to efficiency of testing?
A. The risk of incorrect acceptance. B. Inherent risk. C. The risk of incorrect rejection. D. None of these.
Spincic Corporation has provided the following data: Year 2Year 1Common stock, $2 par value$200,000 $200,000 Net operating income$66,769 Net income before taxes$50,769 Net income$33,000 The market price of common stock at the end of Year 2 was $4.13 per share.The company's price-earnings ratio for Year 2 is closest to:
A. 12.52 B. 6.16 C. 0.52 D. 8.10