If You Wanted to Evaluate Systematically and Accurately How Well

question 55

Multiple Choice

If you wanted to evaluate systematically and accurately how well students perform a dance routine, it would be most effective to use

• A) a rubric.
• B) a rating scale.
• C) holistic scoring.
• D) an item analysis.

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Definitions:

Unit Variable Cost

The variable cost associated with producing one unit of product, including materials, labor, and other costs that vary with production volume.

Variable Costing

A bookkeeping approach that incorporates solely variable production expenses such as direct materials, direct labor, and variable manufacturing overhead into the costs of products, while omitting fixed overhead.

Internal Decision Making

The process of making choices or decisions within a company based on internal data and analysis.

Absorption Costing

Absorption costing is an accounting method that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed manufacturing overhead) in the cost of a product.