If the actual amount of direct materials used equals the standard amount of direct materials that should have been used, the difference between the standard cost and actual cost of direct materials is called the

a. price variance.
b. rate variance.
c. quantity variance.
d. efficiency variance.


A

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A) Common Sock B) Dividend Payable C) Stock Dividends Distributable D) Retained Earnings

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The recommended typeface for body text is:

a. Sans serif b. 28-point type c. italic d. all of the above

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What type of collusion does the Supreme Court refer to as "the supreme evil of antitrust"?

a. Price fixing b. Reciprocal dealing c. Price discrimination d. Vertical mergers

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Toby has lost valuable data on his computer a number of times due to system crashes caused by viruses. He decides to invest in a powerful antivirus program. When Toby buys the program, he will actually be buying the software ________.

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