For Any Data Set,which Measures of Central Location Have Only

question 48

Multiple Choice

For any data set,which measures of central location have only one value?

• A)Mode and median
• B)Mode and mean
• C)Mode and standard deviation
• D)Mean and median

---

Definitions:

Reciprocal Services Method

A method used in cost accounting to allocate costs between interdependent departments, acknowledging mutual services they provide to each other.

Support Department Costs

The expenses associated with departments that do not directly produce goods or services but are necessary for the operation of the business, such as HR and IT departments.

Total Janitorial Department Cost

The complete expenses associated with maintaining and cleaning a facility, attributed to the janitorial department.

Net Realizable Value

The estimated selling price in the ordinary course of business minus any costs of completion, transportation, and selling.