Which Is NOT a Component of Comparisons and Compliance Monitoring

question 73

Multiple Choice

Which is NOT a component of comparisons and compliance monitoring?

• A)control environment
• B)budgets
• C)audits
• D)all of the above

Define the concept of unit contribution margin.

Explain the use of regression analysis in estimating cost behavior.

Practice the high-low method for estimating variable and fixed costs.

Understand the importance of fair and rational cost allocations.

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Definitions:

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Classical Conditioning

A teaching method that employs the repetitive pairing of two stimuli; over time, the response initially caused by the second stimulus becomes caused by the first stimulus alone.

CS

An abbreviation that can stand for "Conditioning Stimulus" in behavioral psychology, relating to the process by which a neutral stimulus becomes associated with a reflexive response.

Extinction

In the field of psychology, the slow reduction and final fading of a learned response occurs when the conditioned stimulus isn't combined with the unconditioned stimulus anymore.