A Random Sample of 5,000 Households Are Selected for Interviews

question 65

Multiple Choice

A random sample of 5,000 households are selected for interviews with the following results: - 1,010 completed interviews
- 864 refusals by the respondent
- 3,126 no answer/not at home
The response rate is

• A) 19%.
• B) 20%.
• C) 36%.
• D) 38%.
• E) 51%.

---

Definitions:

FASB

The Financial Accounting Standards Board, a private, non-profit organization standard setter, which establishes the generally accepted accounting principles (GAAP) within the United States.

Agency Theory

A framework that analyzes the relationship and conflicts between principals (owners) and agents (managers) in a corporation, focusing on how to align their interests.

Managers' Behavior

The actions and decisions made by managers in the course of operating a business, which can significantly impact the company's performance and culture.

Stockholders

Individuals or entities that own shares in a corporation, granting them certain rights such as voting on corporate matters and receiving dividends.