A ______ Correlation Is Also Known as a ______ Correlation

question 45

Multiple Choice

A ______ correlation is also known as a ______ correlation.

• A)negative;indirect
• B)negative;nondirectional
• C)positive;indirect
• D)positive;nondirectional

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Definitions:

Machine-Hours

A measure of the amount of time a machine is operated, used for allocating machine-related costs to individual units of production.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders based on a specific activity base, such as labor hours or machine hours.

Machine-Hours

A measure of the amount of time a machine is operated within a given period.

Direct Labor-Hours

The total hours worked by employees who are directly involved in the production process.