The Variable Overhead Efficiency Variance Claims to Measure

question 124

Multiple Choice

The variable overhead efficiency variance claims to measure

• A)changes in spending efficiency.
• B)productive efficiency.
• C)changes in variable overhead costs because of the efficient (inefficient)use of the cost driver.
• D)changes in variable overhead costs attributable to inefficient purchase of variable inputs.
• E)none of these

---

Definitions:

Networking

The act of building and maintaining professional relationships that can provide support, opportunities, and resources.

Visibility

The extent to which an individual's or group's work, contributions, or status is recognized and noticed by others, particularly by higher management.

Non-substitutability

A characteristic of a resource or skill that cannot be easily replaced or duplicated by another.

National Accounting

A system of economic accounts that provides a detailed statistical representation of a country's economic activities during a specific period.