What does the fixed overhead volume variance measure?
What will be an ideal response
The fixed overhead volume variance measures how fixed overhead is allocated when actual volume is not equal to budgeted volume.
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Jenny Welch works at a retail store selling sports equipment. Her daily tasks include opening the store, creating the work schedules, processing payroll, overseeing sales and inventory, and training employees. At what level of the organizational pyramid would you categorize Jenny?
A. Strategic B. Owner C. Managerial D. Operational
Bart wanted to know how often freshman boys at his school drank alcohol, but he couldn't survey every one of them. Bart decided that in order to give all freshman boys an equal chance of being selected to participate in his mini-study, he would visit the dorms at dinnertime and ask them to choose numbers out of a hat. The ones with the number 5 were given a quick three-question survey. Bart is demonstrating
A. equal opportunity sampling. B. simple random sampling. C. nonprobability sampling. D. snowball sampling. E. biased sampling.
Identify a true statement about point-of-service (POS) plans.
A. They result in high out-of-pocket costs for the care patients get in the network. B. They combine the features of health maintenance organizations (HMOs) and preferred provider organizations (PPOs). C. They fail to cover preventive care services. D. They exclude any form of flat fee for in-network care, and patients pay 80 to 90 percent of the bills for care they get outside the network.
Another name for the lump sum cash flow that occurs when a bond matures is the:
A) face value. B) maturity value. C) par value. D) All of the above could be used to describe the cash flow in question.