Which of the following will result in an unfavorable direct materials efficiency variance?

A) the actual cost per unit of direct materials exceeds the standard cost of direct materials
B) the actual cost per unit of direct materials is less than the standard cost per unit of direct materials
C) the actual quantity of direct materials used per unit exceeds the standard quantity of direct materials allowed per unit
D) the actual quantity of direct materials used per unit is less than the standard quantity of direct materials allowed per unit


C) the actual quantity of direct materials used per unit exceeds the standard quantity of direct materials allowed per unit

Business

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Define operational fraud

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The major characteristic that is used to differentiate intermediaries from one another is whether they:

a. create specialization of labor. b. create economies of scale. c. raise profit margins for independent middlemen. d. take title to the products they sell.

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If we are studying the arrival of automobiles at a highway toll station, we can assume an infinite calling population

Indicate whether the statement is true or false

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