In Terman's Study, the Main Difference Between the Most Successful

question 214

Essay

In Terman's study, the main difference between the most successful gifted and the least successful gifted students was that the successful ones had the desire to know, to excel, and to persevere, which is known as intellectual __________.

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Definitions:

Quantity Variance

A variance that is computed by taking the difference between the actual quantity of the input used and the amount of the input that should have been used for the actual level of output and multiplying the result by the standard price of the input.

Standard Quantity

The expected or planned amount of materials or inputs required for the production of a unit of product, based on efficient operations.

Actual Quantity

The real amount or volume of inputs used in the production process, as opposed to the amount budgeted or planned.

Standard Cost Card

A detailed listing of the standard amounts of inputs and their costs that are required to produce one unit of a specific product.