In This Table,Column B Indicates the ________ of Each Response

question 51

Multiple Choice

In this table,Column B indicates the ________ of each response.

• A)frequency
• B)relative frequency
• C)relative deviation
• D)standard deviation

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Definitions:

Allocation of Cost

The process of assigning a cost or group of costs to one or more cost objectives, such as projects, functions, or departments.

Straight-Line Depreciation

An arrangement for apportioning the financial burden of a tangible asset equally over its viable years.

Residual Value

The projected value remaining for an asset at the conclusion of its operational lifespan.

Estimated Life

The projected period over which an asset is expected to be useful in the operations of a business for depreciation purposes.