A Price Increase on Small Volume Is More Bullish Than

question 20

True/False

A price increase on small volume is more bullish than a price increase on large volume since fewer investors bought the stock.

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Definitions:

Materials Price Variance

The deviation between the actual and standard cost of materials used in production.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, valued at the standard cost.

Cost Drivers

Factors that cause a change in the cost of an activity; they are the structural determinants of the cost of an operation, influencing the expenses of certain business activities.

Vocational School

An educational institution designed to provide vocational education, or technical skills required to perform the tasks of a particular and specific job.