According to the Text, Which of the Following Is Not

question 75

Multiple Choice

According to the text, which of the following is not a dimension of psychological hardiness?

• A) a tendency to look on change as a challenge rather than a threat
• B) a feeling that adverse circumstances can be controlled and changed
• C) close supportive relationships with family and friends
• D) a sense of commitment and deep involvement in personal goals

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Definitions:

Variable Cost

is a cost that varies with the level of output or activity, such as raw materials or piece-rate labor.

Spending Variance

The difference between the budgeted amount of expense or revenue and the actual amount spent or received.

Activity Variance

The difference between planned activity costs and actual activity costs in managerial accounting, used for budget control and performance evaluation.

Fixed Cost

Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance premiums.