Match the Variance to the Correct Definition

question 93

Multiple Choice

Match the variance to the correct definition.
-Flexible budget variance

• A)measures how well the business uses its materials or human resources
• B)the difference between the expected results in the flexible budget for the actual units sold and the static budget
• C)the difference between actual results and expected results in the flexible budget for the actual units sold
• D)measures how well the business keeps unit material and labor costs within standards
• E)the difference between actual results and the expected results in the static budget

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Definitions:

Career Choice

The process of deciding on a specific career path or profession based on personal interests, values, and abilities.

Transferable Skill

A skill that is useful in a variety of jobs and industries, not just the one in which it was originally acquired.

Holland Personality

A theory that categorizes people based on six personality types—Realistic, Investigative, Artistic, Social, Enterprising, and Conventional—to match them with suitable careers.

Career Types

Various categories of occupations based on similar characteristics, skills, education requirements, and interests.