External Validity Refers to the

question 64

Multiple Choice

External validity refers to the

• A) degree that the dependent variable was changed in the study.
• B) power of the independent variable to cause a change in the dependent variable.
• C) extent to which findings apply to individuals or situations other than those studied.
• D) overall quality of the study.

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Definitions:

Variable Component

A part of cost or expense that fluctuates with changes in production volume or activity level.

Fixed Component

Part of a company's costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or services, calculated based on estimated costs and activity levels before the actual costs are known.

Overhead Efficiency

The effectiveness with which a company utilizes its overhead, often analyzed through the comparison of actual overhead costs with budgeted or standard costs.