The Spearman Rank Correlation Coefficient Must Be Used to Determine

question 141

Multiple Choice

The Spearman rank correlation coefficient must be used to determine whether a relationship exists between two variables when:

• A)one of the variables may be ordinal.
• B)both of the variables may be ordinal.
• C)both variables are interval and the normality requirement may not be satisfied.
• D)All of these choices are correct.

Analyze the impact of various transactions on cash flow from operations using the indirect method.

Recognize cash inflows and outflows within each category (operating, investing, financing).

Comprehend the effect of changes in current assets and current liabilities on cash flow.

Evaluate the cash flow implications of accounts receivable and inventory changes.

---

Definitions:

Plantwide Predetermined Rate

A single overhead rate calculated by dividing total estimated manufacturing overhead costs by the total estimated amount of allocation base, applied throughout the plant.

Machine-Hours

A measure of production time, representing the total hours that machines are operated in the manufacturing process.

Manufacturing Overhead

All manufacturing costs that are not directly related to the production of goods, such as the cost of maintenance, heat, and light of the production facility.

Plantwide Predetermined Rate

A single overhead rate calculated by dividing total estimated manufacturing overhead costs by the total estimated amount of the allocation base, applied throughout an entire plant or facility.