What Is the Ability of a Measuring Device to Consistently

question 56

Multiple Choice

What is the ability of a measuring device to consistently provide the same measure of the same quantity?

• A)capacity
• B)accuracy
• C)linearity
• D)precision

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Definitions:

Manufacturing Overhead Costs

Indirect expenses related to the production process, such as utilities, depreciation, and salaries for factory support staff.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

Investment Center

A business unit within an organization that is responsible for its own revenues, expenses, and investments, and is evaluated on its return on investment.

Operating Assets

Assets that are used in the daily operations of a business to generate revenue, such as machinery, buildings, and equipment.