Which of the Following Is an Advantage of a Convenience

question 121

Multiple Choice

Which of the following is an advantage of a convenience sample?

• A) The researcher can ask a large number of questions.
• B) The results readily generalize to the population as a whole.
• C) The results are more reliable than those from other forms of sampling.
• D) The results are more valid than those from other forms of sampling.

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Definitions:

Variable Costing

A method of costing that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of a unit of product.

Absorption Costing

An accounting method that includes all manufacturing costs - direct labor, direct materials, and overhead - in the cost of a product.

Net Operating Income

A company's revenue minus its operating expenses, not including taxes and interest.

Fixed Manufacturing Overhead

The total of all production costs that do not change with the level of production output, such as salaries of managers, rent, and property taxes.