In Activity-Based Costing,the Three Informational Components to the Company Are

question 24

Multiple Choice

In activity-based costing,the three informational components to the company are

• A)Channels,products and vendors
• B)Customers,channels and costs
• C)Resources,activities and cost objects
• D)Drivers,Products and customers
• E)Products,products,products

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Definitions:

P Value

A statistical measure that helps scientists determine the significance of their research results, reflecting the likelihood that the observed data could occur by chance.

Mean

A statistical measure that represents the arithmetic average of a set of numbers.

Statistically Significant

A term used to describe a result that is unlikely to have occurred by chance alone, according to a predetermined threshold of probability.

Variation

The occurrence of differences among individuals within a population, due to genetic differences or environmental factors.