An Activity Is A

question 93

Multiple Choice

An activity is a:

• A) Direct cost
• B) Type of task or function performed in an organisation
• C) Cost object in conventional costing systems
• D) All of the above

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Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to a sample estimate of a parameter.

Contingency Table

A table often used in statistics to display the frequency distribution of variables, enabling a visual inspection of the relationship between them.

Qualitative Variables

Variables that express descriptive or categorical attributes and cannot naturally be represented by a numerical value.

Chi-Square Test

The Chi-Square Test is a statistical test used to determine if there is a significant difference between expected frequencies and observed frequencies in one or more categories.