Sophia Needs to Conduct a Survey for the Alumni Association

question 14

Multiple Choice

Sophia needs to conduct a survey for the Alumni Association. She takes the list of all the alumni and calls every 10^th name on the list. Sophia is best illustrating

• A) Stratified random sampling.
• B) Cluster sampling.
• C) Systematic sampling.
• D) Simple random sampling.

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Definitions:

Spending Variance

The difference between the budgeted or planned amount of spending and the actual amount spent over a specific period, often analyzed in budgeting and financial management.

Actual Level

The real, measured level of output, performance, or activity experienced by an organization, as opposed to projected or estimated levels.

Occupancy Costs

Expenses related to occupying a physical space, including rent, utilities, and property taxes.

Flexible Budget

A flexible budget adjusts to changes in activity levels, providing a more useful comparison of actual to budgeted performance.