Which Tool Helps Managers See Patterns in the Data That

question 10

Multiple Choice

Which tool helps managers see patterns in the data that might be difficult to perceive by simply looking at the raw data?

• A) Mental accounting
• B) Physical methods
• C) Data visualization
• D) Confirmation bias

---

Definitions:

Sequential Method

A cost allocation technique that processes cost pools in a pre-determined order, allocating costs to one cost object before moving on to the next.

Support Department Allocations

The process of attributing a portion of support (or indirect) department costs to the producing departments within an organization, based on agreed-upon criteria.

Cost Driver

A factor that causes a change in the cost of an activity; it directly impacts the cost of manufacturing goods or delivering services.

Reciprocal Services Method

An approach to allocating costs between departments that provide mutual services to each other, ensuring a fair distribution based on services rendered.