Identify the Type of Sampling Used

question 62

Multiple Choice

Identify the type of sampling used
-A researcher interviews the first 19 work colleagues who work in his building as they left work.

• A) Random
• B) Cluster
• C) Stratified
• D) Convenience
• E) Systematic

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Definitions:

Overhead

encompasses all ongoing business expenses not directly attributed to creating a product or service, including rent, utilities, and administrative costs.

Standard Labor Hours

The preset amount of time that is expected to be required to complete a specific task or job under normal conditions.

Direct Labor Rate Variance

The cost associated with the difference between the actual rate and the standard rate paid for direct labor multiplied by the actual direct labor hours used in producing a commodity.

Actual Costs

The true amount of money spent on a project or activity, as opposed to estimated or budgeted costs.