In What Way Are Traditional and Social Media Similar

question 155

Multiple Choice

In what way are traditional and social media similar?

• A)They both rely upon contributions from established "experts" to create credibility and social authority.
• B)They both can reach either large or niche audiences.
• C)They both are relatively inexpensive or free to produce.
• D)They both require specialized training.

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Definitions:

Materials Price Variance

The difference between the actual cost of materials and the standard cost multiplied by the quantities purchased.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, based on the standard cost.

Materials Quantity Variance

The discrepancy between the actual use of materials in production and the planned use, each multiplied by the predetermined cost per unit.

Variable Overhead

Indirect manufacturing costs that vary with the level of production activity, such as utilities for the manufacturing plant.