For Which of the Following Organizational Practices Could One Use

question 21

Multiple Choice

For which of the following organizational practices could one use a utility analysis?

• A)Selection
• B)Training
• C)Performance feedback
• D)All of the above

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Definitions:

Variable Cost

Expenses that change in proportion to the level of goods or services produced, such as raw materials or direct labor costs.

High-Low Method

A technique used in managerial accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Electricity

A form of energy resulting from the existence of charged particles, used as a power source.

Variable Component

Denotes a part of a cost or expense that varies directly with the level of activity or output.