Answer the Following Questions Using the Information Below

question 145

Multiple Choice

Answer the following questions using the information below:
The actual information pertains to the month of September. As part of the budgeting process, Kriger Fencing Company developed the following static budget for September. Kriger is in the process of preparing the flexible budget and understanding the results.

-The flexible budget will report ________ for variable costs.

• A)$256,000
• B)$300,000
• C)$240,000
• D)$320,000

---

Definitions:

Two-tailed

A test in statistics where the critical area of a distribution is two-sided and tests whether a sample is greater than or less than a certain range of values.

Zero-tailed

Refers to a type of hypothesis test in statistics where the area of interest is on one extreme end of the distribution curve, indicating whether a sample mean is either significantly higher or lower than the population mean.

Random Assignment

The use of random selection to assign research participants to experimental groups.

Control Group

In experimental research, a group that does not receive the experimental treatment and is used as a benchmark to measure the effects of the treatment.