Which of the Following Is Not a Type of Analyses

question 22

Multiple Choice

Which of the following is not a type of analyses performed during the third step of the AMPS model,performing the analysis?

• A)Descriptive.
• B)Predictive.
• C)Prescriptive.
• D)Reductive.

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Definitions:

Direct Labor Hours

The total hours worked by employees directly involved in the production process, used as a measure for allocating labor costs to products or services.

Factory Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and salaries for managers.

Overapplied Overhead

A situation where the allocated manufacturing overhead costs are more than the actual overhead costs incurred.

Overhead Incurred

The actual indirect costs experienced by a company during production, including utilities, rent, and salaries of employees not directly involved in production.