Which of the Following Is Not Used in the Calculation

question 40

Multiple Choice

Which of the following is not used in the calculation of cost per equivalent unit?

• A)Current manufacturing costs
• B)Current nonmanufacturing costs
• C)Equivalent units
• D)Beginning inventory costs

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Definitions:

Validity

The extent to which a method or procedure measures what it is supposed to measure.

Psychometric View

An approach in psychology that focuses on the measurement of mental functions, intelligence, abilities, and attitudes through the use of tests and questionnaires.

Intelligence

The capacity for learning, understanding, and applying knowledge and skills, and the ability to adapt to new situations.

Predictive Validity

The degree to which a score obtained from a test or scale forecasts an individual’s future achievements on a similar activity.