Management Would Generally Expect Unfavorable Variances If Standards Were Based $\text {\underline{ Ideal} }$

question 152

Multiple Choice

Management would generally expect unfavorable variances if standards were based on which of the following capacity measures?
$\text {\underline{ Ideal} }$            $\text {\underline{ Practical} }$             $\text {\underline{ Expected annual} }$

• A)yes no no
• B)no no no
• C)no yes yes
• D)yes yes no

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Definitions:

Frequency Distribution

A statistical representation showing the number of observations within each given interval.

Sample

A subset of a population chosen for measurement, observation, or questioning to provide statistical information about the whole.

Frequency Distribution

The representation of data that shows the number of instances in which a variable takes each of its possible values.

Frequency Distribution

A summary of how often different values occur within a dataset, usually presented in a table or graphical format.