If You Know That Achievement Is Positively Correlated with Life

question 111

Multiple Choice

If you know that achievement is positively correlated with life satisfaction, then you can conclude that ____.

• A) one of two things MUST be true: either achievement causes life satisfaction OR life satisfaction causes achievement
• B) a third variable (such as commitment or passion) MUST cause both achievement and life satisfaction
• C) as achievement increases, happiness also increases
• D) the relationship between the two variables must be statistically significant

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Definitions:

Direct Labor

The cost of wages for workers who are directly involved in the production of goods or the delivery of services.

Variable Overhead Efficiency Variance

The difference between the standard cost of variable overheads allocated for actual production and the actual variable overheads incurred, used to assess efficiency in controlling variable overhead costs.

Fixed Overhead Spending Variance

The difference between the actual fixed overhead costs incurred and the budgeted or standard fixed overhead costs.

Variable Overhead Spending Variance

Refers to the difference between the actual variable overheads incurred and the standard variable overheads expected for the actual production level.