The Possibility That Actual Returns Will Deviate from Expected Returns

question 108

Multiple Choice

The possibility that actual returns will deviate from expected returns is known as ____.

• A) risk
• B) interest
• C) beta
• D) standard deviation

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Definitions:

Actual Hours

The actual number of hours worked or spent on a specific task or project, compared to planned or estimated hours.

Standard Hours

A predetermined or established amount of time within which a task or job is expected to be completed.

Units Produced

The total volume or number of items manufactured during a given period.

Standard Costs

Predetermined costs for materials, labor, and overhead used as a benchmark to measure actual performance against.