Which of the following variances should not be interpreted as a measure of over or underutilization of facilities?
a. Variable overhead spending variance
b. Fixed overhead budget variance
c. Variable overhead efficiency variance
d. Fixed overhead volume variance
d
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Adjusting entries are usually entered in the work sheet before they are entered in the general journal.
Answer the following statement true (T) or false (F)
The best thing an employer can do to avoid OSHA violations is:
a. take steps to prevent workplace injuries b. create a comprehensive workplace safety program c. be proactive in assessing workplace hazards d. all of these
Life insurance proceeds are generally not taxable to the
A) insured. B) beneficiary. C) administrator. D) benefactor.
A typical state taxable income subtraction modification is the interest income earned from another state's bonds.
Answer the following statement true (T) or false (F)