Choice of Survey Method Can Be Made by Answering Which

question 81

Multiple Choice

Choice of survey method can be made by answering which of the following questions? (Choose the most complete answer.)

• A)"Which of the data collection methods will be the least expensive?"
• B)"Which data collection method is the customer most comfortable with?"
• C)"What data collection method will generate the most complete and generalizable information within the time horizon and without exceeding the allowable expenditure for data collection?"
• D)"Which data collection method is the researcher most comfortable with?"
• E)"How many data collection methods can be used to validate the data?"

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Definitions:

Full Cost

The total cost of production that includes both direct costs, like raw materials and labor, and indirect costs, like overhead.

Margin And Turnover

Financial metrics where margin refers to the difference between sales and the cost of goods sold, and turnover involves the rate at which inventory is sold or replaced.

Profit Center

A business segment whose manager has control over cost and revenue but has no control over investments in operating assets.

Revenue

The complete sum of revenue a business earns from sales of goods or provision of services within a designated timeframe.