A Procedure in Which Assignment of Subjects and Treatments to Groups

question 51

Multiple Choice

A procedure in which assignment of subjects and treatments to groups is based on chance is known as:

• A) randomisation
• B) constancy in conditions.
• C) matching.
• D) counterbalance

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Definitions:

Variable Factory Overhead Controllable Variance

The difference between the actual variable overhead costs and the budgeted costs that management could control.

Standard Factory Overhead Rate

A rate used to allocate factory overhead costs to products based on expected factory activity.

Machine Hour

Refers to the total number of hours a piece of machinery or equipment is actually used in production, often used in allocating manufacturing costs based on machine hours.

Normal Capacity

Normal capacity is the expected production output or service level that a company can achieve under normal conditions, considering limitations such as time and resources.