Which of the following statements about standards is False?
a. The difference between actual quantity, price or rate and its related standard is called a fluctuation.
b. The quantity variances show how much money the company lost (or saved) because the used a different amount of material than they planned to use.
c. The rate variance shows how much money the company lost (or saved) because they paid the employees a different amount per hour than they planned to pay.
d. Choices b and c are both true.
a
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While some food preferences remain deeply embedded in culture, there is plenty of evidence that global dietary preferences are converging. Examples of such a change can be predicted from the:
A) popularity of Domino's Pizza in Italy. B) preference for local hamburgers from a local chain, Jollibee's, in the Philippines. C) growing number of McDonald's restaurants globally. D) increased sales of soups and noodles in Thailand. E) popularity of Chinese foods in Taiwan.
From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States
a. help more than they hurt. b. hurt more than they help. c. are equivalent to an import quota. d. are equivalent to an export quota.
Amortization tables are common and can be used for all but which of the following?
A) Car loans B) Mortgage loans C) Consumer product loans D) Amortization tables may be used for all of the above.
Original jurisdiction means power to:
a. revise or correct proceedings by a lower court b. accept a lawsuit, try it, and pass judgment c. remove a lawsuit from a court to arbitration d. appoint special prosecutors to investigate a case of alleged abuse e. legally create disputes