The Authors Point Out That People May Be a Little

question 167

Essay

The authors point out that people may be a little "fuzzy" about psychological careers because psychologists contribute to their communities in so many different ways. Describe three ways that psychologists make these contributions.

---

Definitions:

Standard Hours

The prescribed amount of time that work is expected to take under normal conditions, often used for planning and efficiency analysis.

Direct Materials Quantity Variance

A measure used to evaluate the efficiency of the quantity of materials used in production, calculated as the difference between the standard cost of direct materials and the actual cost of direct materials used.

Actual Costs

The real expenditure incurred in the manufacturing or production of goods and services, as opposed to estimated costs.

Standard Costs

Predetermined or estimated costs of manufacturing, selling, or performing a service, used as benchmarks against actual costs for budgetary control and performance measurement.