Reliability Involves​

question 2

Multiple Choice

Reliability involves​

• A) ​whether a particular technique applied repeatedly to the same object would yield the same results each time.
• B) ​ensuring accuracy.
• C) ​ensuring that your measure measures what you think it should measure.
• D) ​ensuring precision,

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Definitions:

Overhead Applied

The amount of overhead cost allocated to produced goods, based on a predetermined overhead rate.

Overhead Applied

A costing method that assigns an estimated amount of factory overhead costs to individual units of production based on a predetermined rate.

Job P513

A specific project, order, or batch identified by the code P513 within a job costing system.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual jobs or products.