Which of the Following Is Not One of the Types

question 67

Multiple Choice

Which of the following is not one of the types of probability sampling procedures?

• A)cluster
• B)simple
• C)convenient
• D)stratified

---

Definitions:

Variable Costs

Financial outlays that shift proportional to the volume of production or sales, encompassing labor and material costs.

Contribution Margin

The difference between the sales revenue generated from a product or service and its variable costs.

Pretax Income

The income of a company before taxes are deducted, used to assess profitability before tax expenses are applied.

Margin of Safety

The difference between actual sales and break-even sales, measuring the risk of not reaching the break-even point.