One of the Nonprobability Methods Used for Sampling Is

question 39

Multiple Choice

One of the nonprobability methods used for sampling is:

• A)cluster sampling.
• B)systematic sampling.
• C)convenience sampling.
• D)stratified sampling.
• E)simple random sample.

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Definitions:

Actual Costs

Actual costs refer to the genuine expenses incurred in the production, acquisition, or sale of products or services, including materials, labor, and overhead expenses.

Actual Level

The real, observed value or volume of output, production, or activity in a given period.

Revenue Variance

The difference between actual revenue earned and the budgeted or forecasted revenue.

Actual Revenue

The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.