A Manager Chose Two People from His Team of Eight

question 57

Multiple Choice

A manager chose two people from his team of eight to give an oral presentation because she felt they were representative of the whole team's views. What sampling technique did she use in choosing these two people?

• A)Convenience
• B)Simple random
• C)Judgment
• D)Cluster

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Definitions:

Total Cost

The complete cost of production or operations, including fixed and variable costs, that a company incurs in providing goods or services.

Available-for-Sale Securities

Financial assets such as stocks or bonds that are bought and held primarily for sale in the near term to generate income on short-term price differences.

Trading Securities

Short-term investments in debt or equity securities that a company intends to sell within a short period to generate profits on short-term price differences.

Comprehensive Income

Total non-owner changes in equity for a reporting period, which includes all recognized income and expenses, including those not included in the net income.