The Percent of People Contacted in a Survey Who Complete

question 6

Multiple Choice

The percent of people contacted in a survey who complete a questionnaire is the:

• A) qualitative rate.
• B) sample rate.
• C) population rate.
• D) response rate.
• E) none of these choices is a good answer.

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Definitions:

Standard Machine-Hours

The predetermined amount of machine time estimated or allocated for the production of a unit or batch of products, used for costing and efficiency measurements.

Variable Overhead Rate

The ratio of variable overhead costs to a related activity driver, often used in cost accounting.

Overhead Efficiency

A measurement of how effectively a company uses its overhead costs in generating revenue.

Fixed Overhead Budget

A plan for the fixed costs involved in operating a business, which do not vary with levels of production or sales.