When Crosstabulating Two Variables, It Is Conventional to

question 14

Multiple Choice

When crosstabulating two variables, it is conventional to

• A) Represent the independent variable in rows and the dependent variable in columns.
• B) Assign both the dependent and independent variables to columns.
• C) Represent the dependent variable in rows and the independent variable in columns.
• D) Assign both the dependent and independent variables to rows.

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Definitions:

Direct Labor-Hours

A measure of the labor directly involved in the production of goods, often used in calculating standard costs and variances.

Property, Plant, and Equipment

Long-term tangible assets that are used in the normal operations of a business, such as land, buildings, and equipment.

Insurance

A financial product sold by insurance companies to safeguard against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the consumption of the asset's value over time.