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Explain what positivism and determinism are.How is Lombroso associated with this school of thought? Give two (2)examples of real-life situations in which determinism has affected individual decisions and explain.
Degree Of Controllability
The extent to which the cost or performance outcome of a process or operation can be influenced or managed by the responsible party.
Standard Costing System
A cost accounting method that assigns fixed costs to products or services based on standard estimated costs.
Inventories
Assets held for sale in the ordinary course of business, or goods in the production process or materials to be consumed in the production process or in the rendering of services.
Historical Data
Data from past periods, used for analysis, forecasting, or research to understand trends, patterns, or outcomes.
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