An Intervening Variable Is an Unobserved Variable That Can Explain

question 89

True/False

An intervening variable is an unobserved variable that can explain the relationship between the independent and dependent variable and may itself be a cause of the dependent variable.

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Definitions:

Power

In a business context, it often refers to the influence or capacity of a company or individual to effect decisions and control resources.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the standard cost of the variable overhead applied to a production process.

Variable Overhead Rate Variance

The difference between the actual variable overhead rate incurred and the expected (or standard) rate, multiplied by the actual activity level.

Variable Overhead Rate Variance

A measure used in managerial accounting to compare the actual variable overhead incurred to the expected overhead cost based on the standard cost system.