Variances from Standards Are

question 146

Multiple Choice

Variances from standards are

• A) expressed in total dollars.
• B) expressed on a per-unit basis.
• C) expressed on a percentage basis.
• D) All of these answers are correct.

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Definitions:

Codes of Conduct

Sets of rules outlining the responsibilities, ethical standards, and proper practices for individuals or organizations.

Political Action Committees (PACs)

Groups of people who organize to support candidates they feel will represent their views.

Major Corporations

Large, powerful companies that have a significant impact on the economy through their operations, employment, and influence on sectors and markets.

Incumbents

Current holders of a political office or position, typically with reference to their advantage in re-election efforts.