Determine Whether the Source of Error Represents Random or Systematic

question 55

Multiple Choice

Determine whether the source of error represents random or systematic error.
-When scientists estimate the height of a mountain there is a certain amount of error involved in measuring distances and angles.

• A)Systematic error
• B)Random error

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Definitions:

Factory Overhead Volume Variance

The difference between the budgeted and actual overhead costs due to variations in the volume of production.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, based on the hours actually worked.

Time Variances

The difference between actual time taken to perform an activity and the standard time expected.

Standard Labor Hours

The predetermined amount of time expected to be required to complete a specific task or job.