A Tabular Summary of a Set of Data Showing the Proportion

question 91

Multiple Choice

A tabular summary of a set of data showing the proportion of the total number of items in several non-overlapping classes is a:

• A)frequency distribution
• B)relative frequency distribution
• C)skewed frequency distribution
• D)cumulative frequency distribution
• E)none of the above

Comprehend the use of performance reports in responsibility accounting.

Understand the concept and application of traditional and activity-based costing systems.

Calculate contribution to overhead and profitability ratios.

Comprehend information useful for evaluating the profitability or cost-effectiveness of departmental activities.

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Definitions:

Job Enrichment

A method to motivate employees by giving them more responsibilities and variety in their tasks, leading to increased satisfaction.

Job Description

A job description lists the tasks, duties, and responsibilities for a particular job. It specifies the major job elements, provides examples of job tasks, and provides some indication of their relative importance in the effective conduct of the job.

Narrative Job Analysis

An in-depth job analysis method that involves collecting detailed descriptions of job activities and requirements through stories and accounts from experienced employees.

Reduction Strategy

Approaches or plans designed to decrease the scale, extent, or quantity of something, often used in the context of cost or risk management.