RANDOM SELECTION Definition

Bookmark and Share

RANDOM SELECTION is a probability-based selection protocol in which each unit has a known probability of being selected. The chances of selection need not be equal for each unit, as long as the chances are known for each unit.

Learn new Accounting Terms

CASH FREE BALANCE AMOUNT, in the general ledger, usually represents the net amount of Balance Forward plus Allocations plus Revenue minus Expenditures minus Encumbrances.

PA is Public Accountant.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.