Which of the Following Is Not a Reason for Selecting

question 166

Multiple Choice

Which of the following is not a reason for selecting a sample?

• A) A sample is less time consuming than a census.
• B) A sample is less costly to administer than a census.
• C) A sample is usually not a good representation of the target population.
• D) A sample is less cumbersome and more practical to administer.

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Definitions:

Variable Costs

Expenses that vary with the amount of output or sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent or salaries.

Break-Even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.

Cost-Volume-Profit Chart

A graphical representation that shows the relationship between a company's cost, production volume, and profits.