Match the Following Descriptions with the Term A-E It Describes

question 166

Multiple Choice

Match the following descriptions with the term a-e it describes:
-theoretical standard

• A)Ideal standard
• B)Nonfinancial performance measure
• C)Currently attainable standard
• D)Unfavorable cost variance
• E)Favorable cost variance

---

Definitions:

TSX

The Toronto Stock Exchange, which is the largest stock exchange in Canada, trading Canadian securities.

Dealer Market

A financial market mechanism in which buyers and sellers execute transactions through dealers who buy and sell for their own accounts.

Over-the-counter

Financial transactions conducted directly between parties outside of formal exchanges.

Secondary Market

The secondary market is where investors buy and sell securities they already own, such as stocks and bonds, to other investors or traders, after the initial issuance in the primary market.