The Williams Et Al

question 64

Multiple Choice

The Williams et al.(2010) SB5 study with high functioning third-graders supported

• A) the five-factor model of the SB5.
• B) a four-factor model for the SB5.
• C) a one-factor model for the SB5.
• D) the utility of the SB5 with elementary school children.

---

Definitions:

Fixed Costs

Costs that do not vary with the volume of output produced, such as rent, salaries, and insurance premiums.

High-low Method

A technique in cost accounting used to estimate fixed and variable costs given the highest and lowest levels of activity.

Variable Cost Per Unit

The cost that varies with each unit of product produced, directly tied to the production volume, such as materials and labor.

Fixed Costs

Expenses that remain constant regardless of the level of production or sales, including items like rent, salaries, and insurance.