The terms dependent and independent are arbitrary designations and are customary to regression analysis

Which of the following is an example of a direct labor cost standard?

A) $40 per direct labor hour B) 50 square feet per unit C) $0.95 per square foot D) 0.5 direct labor hours per unit

Construct equivalence is comprised of conceptual equivalence, functional equivalence, and item equivalence

Indicate whether the statement is true or false