Which of the Following Statements Is TRUE

question 95

Multiple Choice

Which of the following statements is TRUE?

• A)For most surveys,overcoverage is more common than noncoverage.
• B)Noncoverage error is not a problem in every survey.
• C)Noncoverage bias can be reduced by increasing the sample size.
• D)Families with several phone listings have a lower probability of being included in the sample than do sampling units with one listing.
• E)All of these statements are false.

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Definitions:

Performance Reports

Documents that compare actual results to planned or budgeted performance in order to assess how well a company or department is operating.

Activity Variance

The difference between the planned activity level and the actual activity level, often analyzed in budgeting and variance analysis.

Expenses

The outflows or the use of assets in the generation of revenue, including costs of goods sold, operating expenses, and non-operating expenses.

Unfavorable Activity Variance

A discrepancy where the actual cost exceeds the budgeted or planned cost in managerial accounting, often analyzed in the context of activity-based costing.