A Technique for Improving Performance of Activities and Processes That

question 15

Multiple Choice

A technique for improving performance of activities and processes that searches for best practices is called

• A)value-added reporting.
• B)Kaizen costing.
• C)trend reporting.
• D)benchmarking.

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Definitions:

F Statistic

A ratio used in an analysis of variance test that determines the significance of groups’ differences in an experimental design.

ANOVA

An acronym for Analysis of Variance, a statistical method used to compare the means of three or more samples.

Main Effect

The direct effect of an independent variable on a dependent variable in experimental and statistical analysis.

Step-aerobics

Step-aerobics is a form of aerobic exercise that involves stepping on and off a raised platform, often to the rhythm of music, to improve fitness and cardiovascular health.