Nonresponse Error Represents

question 41

Multiple Choice

Nonresponse error represents

• A) a measure of the difference between the size of the population and the size of the sample.
• B) the number of sampling units not contacted on the first attempt.
• C) a random distribution of unanswered questions.
• D) a failure to obtain information from sampling units.
• E) a uniform distribution of uncontacted respondents.

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Definitions:

Revenue

Income generated from normal business operations or other sources, serving as a company's primary source of income.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular accounting period.

Net Operating Income

The revenue earned from normal business operations after deducting operating expenses but before interest and taxes.

Activity Variance

The difference between the planned activity level of cost-driving activities and the actual level incurred, impacting the budget or costing analysis.