Cluster Sampling Is

question 47

Multiple Choice

Cluster sampling is

• A)a nonprobability sampling method
• B)the same as convenience sampling
• C)a probability sampling method
• D)None of these alternatives is correct.

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Definitions:

Budget Acceptance

The process or act of formally approving a financial plan for revenues and expenses over a specific period.

Corporate Level

Pertains to major strategic decisions affecting the whole company, typically made by top-level management.

Responsibility Centres

Units within an organization for which managers are responsible, focusing on revenues, costs, or a combination of both, to measure performance.

Budgetary Slack

The practice of underestimating revenue or overestimating expenses to make budget targets more easily attainable.