Which of the Following Are Reasons for Using Longer Periods

question 198

Multiple Choice

Which of the following are reasons for using longer periods, such as a year, to calculate indirect cost rates?

• A) shorter the period, the greater is the influence of seasonal patterns on the amount of costs
• B) longer the period, the greater is the influence of seasonal patterns on the amount of costs
• C) shorter the period, the smaller is the influence of seasonal patterns on the amount of opportunity costs
• D) longer the period, the smaller is the influence of seasonal patterns on the amount of opportunity costs

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Definitions:

Independent Variable

In scientific research, the factor that is deliberately adjusted or controlled to test its effect on the outcome being studied.

Regression Equation

A formula that represents the relationship between a dependent variable and one or more independent variables, used to predict or estimate outcomes.

SSE

Cumulative squared discrepancies between predicted values by a model and the corresponding actual data points.

Coefficient Of Determination

A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, represented as a value between 0 and 1.