What does the fixed overhead volume variance measure?
What will be an ideal response?
The fixed overhead volume variance measures how fixed overhead is allocated when actual volume is not equal to budgeted volume. The variance measures the difference between the budgeted fixed overhead costs and the amount of fixed overhead costs allocated to the actual output.
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The courts do not allow a person who claims to have been victimized by a misrepresentation to cancel the contract unless he or she can show some detriment as a result of the misrepresentation.
Answer the following statement true (T) or false (F)
Adjusting the accounts is a technique used to accomplish accrual accounting
Indicate whether the statement is true or false
When trying to change a problem culture, management should undertake such steps as
A. identifying facets of the present culture that are supportive of good strategy execution and which ones are not and then specifying what new actions, behaviors, and work practices are needed in the new culture to improve performance. B. selecting a team of key employees to lead the culture change effort and design a plan for cultural change. C. drawing up an action plan to change the present culture and then persuading company personnel why this plan of action is good and will be successful. D. conducting an employee survey to determine the organization's cultural norms and what company personnel like and dislike about the current culture. E. employing a consultant with expertise in culture change and following his or her advice on how to proceed.
The ________ is the primary location in the United States to trade currency options
A) Philadelphia Stock Exchange B) Chicago Board of Trade C) Chicago Mercantile Exchange D) New York Stock Exchange