If the Standard Hours Allowed Are Less Than the Standard

question 45

Multiple Choice

If the standard hours allowed are less than the standard hours at normal capacity, the volume variance

• A)cannot be calculated.
• B)will be favourable.
• C)will be unfavourable.
• D)will be greater than the spending variance.

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Definitions:

Holistic-Dynamic Theory

A psychological perspective that considers an individual as a whole, integrating motivational, emotional, and cognitive components.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, structured as a pyramid with basic needs at the base and self-actualization at the top, illustrating human motivational drivers.

Safety Needs

As part of Maslow's hierarchy of needs, these are fundamental requirements for security and protection from physical and emotional harm.

Basic Trust

A term often associated with Erik Erikson's stages of psychosocial development, referring to the first stage where an infant's sense of security and trust in the world is developed.