Examlex
Which of the following statements is true about human expectations?
Favorable
A term used in accounting and finance to describe a condition or result that is better than expected or budgeted.
Time Variance
The difference between the expected time to complete a task and the actual time taken.
Direct Labor
The labor costs directly associated with the manufacturing of goods, specifically referring to the work of employees who physically produce the products.
Labor Force
The total number of people employed or seeking employment in a country or specific area.
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