The Two Basic Elements of a True Experimental Design Are

question 24

Multiple Choice

The two basic elements of a true experimental design are

• A) a control group and random allocation of subjects to conditions
• B) a control group or a control condition and random allocation of subjects to groups
• C) random selection of subjects and random allocation of subjects to conditions
• D) random selection of subjects and each subject experiences every condition

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Definitions:

Variable Costing

An accounting method that includes only variable costs—costs that change with production level—in product costs, excluding fixed manufacturing overhead.

Absorption Costing

An accounting method that includes all direct and indirect manufacturing costs in the cost of a product.

Product Costs

Expenses directly tied to the production of goods or services, including materials, labor, and overhead costs.

Period Costs

Costs that are taken directly to the income statement as expenses in the period in which they are incurred or accrued.