Fortmann Kennel Uses Tenant-Days as Its Measure of Activity; an Animal

question 114

Multiple Choice

Fortmann Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During September, the kennel budgeted for 2,000 tenant-days, but its actual level of activity was 2,010 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:

-The activity variance for net operating income in September would be closest to:

• A)$135 F
• B)$715 U
• C)$715 F
• D)$135 U

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Definitions:

Objective Tests

Tests designed to measure an individual's knowledge or ability in a specific area, where answers are scored without bias.

Projective Tests

Psychological assessments where individuals respond to ambiguous stimuli, revealing hidden emotions and internal conflicts.

Assessment Instruments

Assessment instruments are tools or methods used to evaluate, measure, or diagnose conditions, abilities, or characteristics in individuals.

Alternate-Forms Reliability

A type of reliability in psychological testing that assesses the consistency of scores on two different forms of the same test.