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The Type of Management Which Broadens the Focus of Accounting

question 86

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The type of management which broadens the focus of accounting because it is concerned with factors that drive costs, such as cycle time and process productivity is called:.

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Definitions:

Id

A component of the human psyche, based on Freudian psychology, that is responsible for unconscious desires and impulses.

Ego

In psychoanalytic theory, the part of the personality that mediates between external reality and inner demands of the id and superego.

Correlation Coefficient

A number ranging from -1.00 to +1.00 that expresses the direction (positive or negative) and strength of the relationship between two variables.

Covariance Coefficient

A statistical measure that indicates the extent to which two variables change together; it can be positive, negative, or zero.

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