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Use the following to answer questions 16-18:
In each set, match a concept from Group A to a definition or example from Group B.
-Research Strategies
NOTE: Answers from Group B may be used more than once.
Group A
1. Begins with theory
2. Begins with theory but stops with empirical generalizations
3. Involves hypothesis testing
4. Typically used in quantitative research
5. Builds from data to theory
Group B
a. Deductive research
b. Descriptive research
c. Inductive research
d. Longitudinal research
Controllable Variance
The difference between actual expenses and budgeted expenses that management has the power to influence or control.
Factory Overhead
All indirect costs associated with manufacturing, such as utilities, maintenance, and salaries of non-direct labor, which are not directly attributed to the production of goods.
Variable Factory Overhead
Costs in the manufacturing process that fluctuate with production volume, such as materials and labor directly involved in production.
Controllable Variance
The difference between actual costs and budgeted costs that a manager has direct control over in a given period.
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