R² Is Defined As

question 81

Multiple Choice

R² is defined as:

• A)Total variation/explained variation.
• B)Explained variation/total variation.
• C)Unexplained variation/explained variation.
• D)Unexplained variation/total variation.

---

Definitions:

Department

A division within a business or organization tasked with particular functions or responsibilities.

Indirect Expenses

Costs that are not directly tied to specific cost objects like products, projects, or departments.

Direct Expenses

Costs that can be directly traced to the production of specific goods or services, such as raw materials and labor.

Building Expense

Costs incurred for the operation, maintenance, and repair of building properties.