Which of the Following Most Closely Represents an Unrestricted Random

question 16

Multiple Choice

Which of the following most closely represents an unrestricted random selection procedure?

• A)Identifying a starting point within the population and bypassing a fixed number of items.
• B)Matching items in the population to a series of randomly-selected numbers.
• C)Randomly selecting invoices to customers whose last names start with "W".
• D)Randomly picking items from an accounts receivable file.

---

Definitions:

Customers Served

The total number of customers who have been provided with a product or service.

Spending Variance

The variance between the anticipated budget for expenses and the actual expenditure incurred.

Net Operating Income

The profit generated from a company's everyday business operations, excluding expenses and revenues from non-operational activities.

Flexible Budget

A budget designed to adapt by varying in response to the company's activity levels or volume changes.