What Responsibility Accounting System Would Be Developed for Operations in a Continuous

question 42

Multiple Choice

What responsibility accounting system would be developed for operations in a continuous improvement environment?

• A)financial-based responsibility accounting
• B)functional-based responsibility accounting
• C)activity-based responsibility accounting
• D)strategy-based responsibility accounting

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Definitions:

Resample

The act of drawing a new sample from an original dataset, often with replacement, for the purpose of statistical analysis or bootstrap methods.

Bootstrapping

Bootstrapping is a resampling technique used in statistics to estimate the distribution of a statistic by repeatedly sampling with replacement from the data set and calculating the statistic for each sample.

Sample Size

The number of observations or data points used in a statistical sample.

Bootstrap Standard Error

A method for estimating the standard error of a statistic by resampling with replacement from the original data.