Operational Definitions the Concept of Levels of Measurement Applies to

question 43

Multiple Choice

Operational Definitions The concept of levels of measurement applies to

• A)dependent variables.
• B)extraneous variables.
• C)independent variables.
• D)both dependent and independent variables.

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Definitions:

Direct Labor-Hours

The total hours worked by employees directly involved in the production process.

Spending Variance

This refers to the difference between the budgeted amount of spending and the actual amount spent.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

Variable Cost

Expenses that fluctuate directly and proportionately with changes in production volume or activity level, such as raw materials and direct labor.