Activity Based Costing Can Be Used to Trace Revenue Deductions

question 44

True/False

Activity based costing can be used to trace revenue deductions such as discounts to individual orders and customers.

---

Definitions:

Two-way ANOVA

A statistical analysis tool used to explore the relationship between two categorical independent variables and a continuous dependent variable.

Interaction Effect

A phenomenon in statistical analysis where the effect of one variable on an outcome is different depending on the level or value of another variable.

Main Effect

In the context of statistical analysis, especially ANOVA, refers to the direct impact of an independent variable on a dependent variable.

Degrees of Freedom

The number of values in the final calculation of a statistic that are free to vary, often associated with the sample size.