Match Each Definition That Follows with the Term (A-E) It

question 151

Multiple Choice

Match each definition that follows with the term (a-e) it defines.
-Variable manufacturing costs plus variable selling and administrative costs are included in cost per unit

• A)Engineering change order
• B)Total cost concept
• C)Variable cost concept
• D)Normal selling price
• E)Setup

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Definitions:

Representative Samples

A subset of a population that accurately reflects the members of the entire population in terms of critical variables.

Sampling Frames

A list or database from which a sample is drawn, representing the entire population or target demographic for a research study.

Nonprobability Sampling

A method of sampling in which not every member of the population has an equal opportunity to be chosen.

Quota Sampling

A non-random sampling technique where the researcher fills quotas from different subgroups of the population.