In Critically Evaluating a Media Report About a Psychological Finding

question 105

Multiple Choice

In critically evaluating a media report about a psychological finding or study, you should:

• A)always remember that the terms correlation and causality mean the same thing.
• B)look for the elements of good research design, including operational definitions of the variables and the use of control of groups.
• C) remember that some of the most compelling scientific evidence is anecdotal evidence.
• D)assume that the reporter understands all the details of the study.

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Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

ABC

A method of identifying and assigning costs to specific activities to improve cost accuracy and managerial decision-making.

Special Materials

Materials that are uncommon, difficult to procure, or used in specialized applications.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the resources they consume and the activities they require.