________________ Refers to the Poor Wording of a Question of Inappropriate

question 31

Multiple Choice

________________ refers to the poor wording of a question of inappropriate selection of questions.

• A) Error of non-bservation
• B) Inadequate coverage of the population
• C) Sampling error
• D) Measurement error

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Definitions:

Operations

Refers to the day-to-day activities involved in running a business that lead to the production of goods and provision of services.

Variable Costing

A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.

Absorption Costing

A bookkeeping technique that encases the entirety of manufacturing expenses such as direct materials, direct labor, along with both variable and fixed overhead costs, in the product’s cost.

Divisional Segment Margin

A measure of the profitability of a specific division or segment within a company, usually calculated as the division's earnings before interest and taxes divided by its revenues.