Cost Behaviors and Estimates Are Valid Only Within What Is

question 132

True/False

Cost behaviors and estimates are valid only within what is referred to as a precision range.

---

Definitions:

National Education Association

The largest professional interest group in the United States that represents public school teachers and other support personnel, faculty and staffers at colleges and universities, retired educators, and college students preparing to become teachers.

Union Membership

The state of being a member of a labor union, which represents workers' interests in negotiations with employers.

Labor Force

The total number of people who are employed or actively looking for employment.

Manufacturing Economy

An economy that is primarily based on the production and export of manufactured goods.