Provide an Appropriate Response

question 13

Essay

Provide an appropriate response.
-Explain the differences between cluster sampling and stratified sampling.

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Definitions:

Time-Driven Activity-Based Costing

An accounting method that assigns costs to products based on the time employees spend on each activity involved in its production or service.

Order Fulfillment Department

A division within a company responsible for processing and delivering orders to customers.

Customer Cost Analysis

A process that evaluates all costs associated with acquiring and retaining customers, aiming to optimize profitability and identify cost-saving opportunities.

Time-Driven Activity-Based Costing

A refinement of activity-based costing that assigns costs to products or services based on the time resources are expected to use.