Which of the Following Is CORRECT Concerning Random Assignment

question 138

Multiple Choice

Which of the following is CORRECT concerning random assignment?

• A) In random assignment each participant has an equal chance for each condition.
• B) In random assignment each participant is assigned alphabetically to each condition.
• C) Random assignment can only be determined after an experiment is over.
• D) The best formula for random assignment is birth dates.

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Definitions:

Equivalent Units

A concept in cost accounting used to convert partially completed goods into an equivalent number of fully completed units for inventory accounting purposes.

Conversion Costs

The combined costs of direct labor and overhead required to transform raw materials into finished goods.

First-In, First-Out

An inventory valuation method where the oldest inventory items are recorded as sold first.

Equivalent Units

This refers to the quantity of partially completed goods, expressed in terms of fully completed units, used in process costing to accurately allocate costs between completed and unfinished items.