In Relation to a Cost Function,the Term Reliability Means ________

question 114

Multiple Choice

In relation to a cost function,the term reliability means ________.

• A) whether the costs and activities can be easily observed
• B) whether the cost function conforms to a given mathematical model
• C) how well the cost function predicts future costs
• D) how well the cost function explains past cost behavior

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Definitions:

Compound Interest

In this method, interest is accrued on the principal sum as well as on the interest that has been accumulated over prior periods of the investment or loan.

Earnings Rate

The rate of return on an investment or the rate at which a company or asset is generating income, often expressed as a percentage.

Capital Rationing

A financial strategy employed by companies to limit or restrict the amount of new investments or projects they undertake due to limited resources.

Investment Capital

Funds invested in a business by its owners or shareholders with the expectation of generating a return, used for acquiring assets or financing operations.