Which of the Following Statistical Techniques Is Used to Examine

question 44

Multiple Choice

Which of the following statistical techniques is used to examine correlations but postulates a theorized direction,or causality,in the relationship between factors?

• A)path analysis
• B)factor analysis
• C)multivariate analysis
• D)analysis of covariance

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Definitions:

Personnel Expenses

Costs related to the compensation of employees, including wages, benefits, and taxes.

Planning Budget

A budget created for a particular level of activity; it helps management to plan for upcoming expenses and revenues based on projected operations.

Selling and Administrative Expenses

Costs incurred by a company not directly tied to the production of goods or services, including sales, marketing, and administrative functions.

Units

The basic measure of quantity in accounting, production, or inventory, often representing a single item or instance of a product.