The Limits of the External Validity of the Effects of Each

question 27

Multiple Choice

The limits of the external validity of the effects of each of the two independent variables in a complex design are specified when

• A) there is no interaction effect of the two variables and neither variable produces a main effect.
• B) there is no interaction effect of the two variables but significant main effects for both variables.
• C) there is no interaction effect of the two variables and one independent variable has a main effect but the other variable does not.
• D) there is an interaction effect of the two variables and main effects of the variables may or may not be present.

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Definitions:

Activity Variance

The difference between budgeted and actual activity levels, often analyzed in cost accounting and performance management.

Cleaning Equipment

Assets such as vacuums, mops, and detergents used in maintaining tidiness and hygiene standards at a workplace or production facility.

Cost Formula

An equation or calculation that determines the total cost of producing goods or services, often including factors like labor, materials, and overhead.

Flexible Budget

A financial plan that changes in accordance with alterations in activity volume or intensity.