Which One of the Following Statements Is NOT True of Simulations

question 120

Multiple Choice

Which one of the following statements is NOT true of simulations as a training technique?

• A)Simulations have real-life elements of work found in the workplace.
• B)Simulations are useful to teach employees how to handle dangerous situations.
• C)Simulations allow trainees to see the immediate impact of their decisions.
• D)Simulations are a high risk method of training individuals how to react in complex situations.
• E)Simulations do not disrupt the actual work environment.

Understand the accounting treatment for insignificant cost variances.

Understand the process and significance of recording labor costs in financial statements.

Calculate and interpret direct materials cost variances, including price and quantity variances.

Identify and record various types of variances in a standard cost system.

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Definitions:

Independent Variable

The variable in an experiment that is manipulated to observe its effect on the dependent variable.

Dependent Variable

The variable in an experiment that is affected by manipulation of the independent variable, and is measured or observed by the researcher.

Control Variable

An experimental element which is constant and unchanged throughout the course of the investigation to ensure that the effect of the independent variable can be measured accurately.

Control Group

In experimental research, a group of subjects that is not exposed to the experimental treatment, serving as a comparison point.