What Does the Controllable Variance Measure

question 108

Multiple Choice

What does the controllable variance measure?

• A) Whether a company incurred more or less fixed overhead costs compared to the amount of overhead applied
• B) Whether a company incurred more or less overhead costs than allowed
• C) The efficiency of using variable overhead resources
• D) Whether the production manager is able to control the production facility

---

Definitions:

Pneumatic Force

The power or force exerted by compressed air in various mechanical applications.

Standard Deviation

A measure of the dispersion or variability of a set of data points from their mean, often used in finance to quantify the risk of an investment.

Value At Risk

A statistic that measures and quantifies the level of financial risk within a firm or portfolio over a specific time frame.