In an Activity-Based Cost System, What Types of Drivers Are

question 11

Multiple Choice

In an activity-based cost system, what types of drivers are used to describe cost behaviour?

• A)activity drivers
• B)production or unit-level drivers
• C)nonunit-level drivers
• D)both production (or unit-level) and nonunit-level drivers

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Definitions:

p < .05

Represents a statistical measure indicating that the probability of the observed data occurring by chance is less than 5%, commonly used in hypothesis testing to suggest a significant effect or difference.

Correlation

A numerical indicator showing the degree to which two variables move in relation, without suggesting a cause-and-effect relationship.

p < .05

Refers to a statistical threshold indicating that the likelihood of the observed data occurring by chance is less than 5%, commonly used to infer significance in research findings.

Statistically Significant

A determination that a result from data analysis is not likely to have occurred by chance, suggesting a real effect or difference in the population sampled.