A sample survey of intangibles typically is used instead of a census of intangibles because
A) collecting information from a population may be excessively expensive in terms of time and money.
B) it is often impossible to collect information on all people in a population.
C) a representative sample reflects the characteristics of the population within a well-defined margin of error.
D) All of these are true.

Question

Quizplus · Accepted Answer

All of the options are correct. Collecting information from an entire population of intangibles can be time-consuming and expensive, and may not even be possible in some cases. Conducting a sample survey can provide accurate results within a margin of error, while being more efficient and cost-effective.

A Sample Survey of Intangibles Typically Is Used Instead of a Census