Which of the Following Is True Concerning the Materials Price

question 61

Multiple Choice

Which of the following is true concerning the materials price variance?

• A) It is the difference between the actual and standard unit price of an input multiplied by the number of inputs used.
• B) It is the difference between the actual and standard unit price of an output multiplied by the number of inputs used.
• C) It is the difference between the actual and standard unit price of an input multiplied by the number of inputs purchased.
• D) It is the difference between the actual and standard unit price of an output multiplied by the number of inputs purchased.
• E) None of these.

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Definitions:

Harriet Tubman

An iconic African American abolitionist and political activist known for her role in the Underground Railroad.

Frederick Douglass

A prominent American social reformer, abolitionist, writer, and statesman known for his efforts against slavery.

William Lloyd Garrison

William Lloyd Garrison was a prominent American abolitionist, journalist, and social reformer, best known for his anti-slavery newspaper "The Liberator."

Federal Law

Legislation passed by the national government of a country, which applies to all its states and territories.