Smith Et Al

question 2

Multiple Choice

Smith et al.(1980) conducted analyses on data from 56 comparative outcome studies of the behavioural and verbal classes of treatment and found that

• A)there were significant differences between the two classes of therapy.
• B)verbal classes of treatment were more effective.
• C)behavioural and verbal classes of treatment were equally effective.
• D)neither class of treatment was effective.

---

Definitions:

High-low Method

A way to estimate the cost-behavior formula that uses the highest and lowest levels of activity to determine fixed and variable costs.

Activity Index

A measure or indicator used to gauge activity levels within a particular domain, such as manufacturing or stock trading volume.

Process Cost System

A cost accounting system used when a company manufactures a large volume of similar products.

Manufacturing Processes

Manufacturing processes are the methods and techniques used to convert raw materials into finished goods.