Select the Sample Most Representative of the Population of Interest

question 149

Multiple Choice

Select the sample most representative of the population of interest.
-A concerned parent wants to determine the amount of time spent on the phone by her child's friends.

• A)The results of a national poll of 1800 students in the same age group as the child
• B)The answers to the question by the parent(s)of 10 of the friends
• C)The phone records of 10 of the group of friends
• D)The answers to the question by 10 of the friends

---

Definitions:

Materials Quantity Variance

The difference between the expected and actual quantity of materials used in production, reflecting efficiency in materials usage.

Direct Materials Purchases Variance

is the difference between the actual cost of direct materials purchased and the expected cost under standard costing.

Actual Operations

The real, observed activities and results of a business's operations, as opposed to projections or estimates.

Materials Quantity Variance

The variance between the real amount of materials consumed in the production process and the anticipated standard amount, times the standard unit cost.