The difference between the actual performance and the standard is called the __________________________

Fill in the blank(s) with correct word


variance

Business

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Luke Price, a manager in an automobile factory, wanted his subordinates to rate their satisfaction about the new pistons that arrived last month. He asked them to rate the product based on strength and ease of handling

Which of the following is evident here? A) order-routine specifications B) supplier selection C) performance review D) general needs description E) proposal solicitation

Business

For which type of derivative are changes in the fair value deferred and recognized as an equity adjustment?

a. Fair value hedge b. Cash flow hedge c. Operating hedge d. Notional value hedge

Business

Which of the following would not be part of the value chain

a. Supplier b. Production plant. c. Distribution center. d. All of the above are part of the value chain.

Business

If you rent a television set and then take it in for repairs, you are

a. a bailor. b. a bailee. c. both bailor and bailee. d. none of these.

Business