Stratification Is _______

question 106

Multiple Choice

Stratification is _______.

• A)a process of dividing a population into groups of sampling units with similar characteristics that are more heterogeneous
• B)a process of dividing a population into groups of sampling units with similar characteristics that are more homogenous
• C)unrelated to the work of an auditor
• D)used only in non-statistical sampling techniques

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Definitions:

Sales Competition

A contest among sales personnel or teams to motivate them to increase sales performance and achieve specific targets.

Sales Territory

A designated geographical area assigned to a salesperson or team where they are responsible for conducting business activities.

Merit Pay

A compensation strategy that offers pay increases or bonuses to employees based on their performance accomplishments or achievements, rather than their position or seniority.

Base Pay

The initial rate of compensation an employee receives, not including benefits, bonuses, or any other potential earnings.