When a Researcher Uses a Stratified Sampling Technique, They _____

question 43

Multiple Choice

When a researcher uses a stratified sampling technique, they _____.

• A)do not select elements from homogeneous subsets of a population
• B)recognize the extent that subsets that are homogeneous on stratified variables will generally result in homogeneity on other variables as well
• C)cannot estimate that a stratified sample is likely to be more representative on a number of variables than a simple random sample
• D)do not use probability sampling method.

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Definitions:

Absorption Costing

A method of accounting that incorporates all costs associated with manufacturing, such as direct materials, direct labor, and both variable and fixed overhead, into a product's price.

Internal Management

The process and practice of effectively running an organisation by its own executives and staff, focusing on policies, strategies, and resource allocation.

External Reporting

The process of preparing and disclosing financial statements and other reports to stakeholders outside the organization.

Variable Costing

An accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.