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M A ‐FMA: MANA GEME NT A CCO UN TIN G

68 A supplier of telephone services charges a fixed line rental per period. The first 10 hours of
telephone calls by the customer are free, after that all calls are charged at a constant rate
per minute up to a maximum, thereafter all calls in the period are again free.

Which of the following graphs depicts the total cost to the customer of the telephone
services in a period?

A B

$ $

0 0
Hours Hours

C D
$ $

0 0
Hours Hours

69 The following production and total cost information relates to a single product organisation
for the last three months:
Month Production Total cost
units $
1 1,200 66,600
2 900 58,200
3 1,400 68,200
The variable cost per unit is constant up to a production level of 2,000 units per month but a
step up of $6,000 in the monthly total fixed cost occurs when production reaches 1,100 units
per month.
What is the total cost for a month when 1,000 units are produced?
A $54,200
B $55,000
C $59,000
D $60,200

20 KA PLAN PUBLISHING
M A ‐FMA: MANA GEME NT A CCO UN TIN G

SYLLABUS AREA B – DATA ANALYSIS AND STATISTICAL


TECHNIQUES

SAMPLING METHODS
71 Which of the following statements describes the essence of systematic sampling?

A each element of the population has an equal chance of being chosen


B members of various strata are selected by the interviewers up to predetermined limits
C every nth member of the population is selected
D every element of one definable sub‐section of the population is selected

72 A firm which bottles shampoo selects some filled bottles for examination. The procedure
used is to select a random starting point x (xth bottle filled) and every bottle at an interval of
y is then chosen for examination.

What is this type of sampling known as?


A Multi‐stage
B Random
C Systematic
D Stratified

73 The following statements are often made about ‘simple random sampling’.

(i) It ensures a representative sample.


(ii) It eliminates selection bias.
Which of the following is always true?
A (i) only
B (ii) only
C Both (i) and (ii)
D Neither (i) nor (ii)

74 An accountant has to check a sample of invoices. The invoices are divided into three groups,
by value as follows: ‘under $100’, ‘$100 – $500’ and ‘over $500’. Samples are then selected
randomly from each group.

Which ONE of the following sampling methods is involved?


A Cluster
B Multi‐stage
C Quota
D Stratified

22 KA PLAN P UB L I S H I N G

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