The difference between the actual cost driver amount and the standard cost driver amount, multiplied by the standard variable overhead rate, is the:

A. variable overhead volume variance.
B. variable overhead rate variance.
C. variable overhead efficiency variance.
D. over- or underapplied variance.


Answer: C

Business

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The _______________________ is a division in the organization that is at the same level as the domestic division and is responsible for all non-home country activities.

What will be an ideal response?

Business

To give the statement "Our company is obsessed with ensuring the complete and total satisfaction of every customer" a more sincere and courteous tone, which of the following would you choose?

A) Our company is working night and day to satisfy every customer. B) Our company will never rest until every customer is satisfied. C) Our company works hard to ensure customer satisfaction. D) Our company is always looking out for you, our valued customer. E) Our company hopes that every customer is a satisfied customer.

Business

For raw data to become useful to marketers, they must be

A. communicated to executives through a formal report. B. gathered from internal company sources. C. stored in a data warehouse. D. gathered from external sources. E. transformed into information and knowledge.

Business

Although international trade might have approached the comparative advantage model during the nineteenth century, it certainly does not today, for a variety of reasons. Develop an argument as to why this is not happening today

What will be an ideal response?

Business