Which of the Following Sampling Methods Will More Likely Be

question 188

Multiple Choice

Which of the following sampling methods will more likely be susceptible to ethical violation when used to form conclusions about the entire population?

• A)Simple random sample
• B)Cluster sample
• C)Judgment sample
• D)Stratified sample

---

Definitions:

Cost Of Goods Sold

The direct expenditures involved in producing the products a company sells, namely labor and materials costs.

Adjusted Cost Of Goods Sold

The cost of goods sold after adjustments for changes in inventory levels, returned goods, and possibly other factors affecting the cost of sales.

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost that was expected or budgeted.

Labor Efficiency Variance

The difference between the actual hours worked and the standard hours expected to produce a certain amount of goods, multiplied by the standard labor rate, indicating efficiency in labor use.