To Calculate a Crude Birth Rate, Divide the Number of Live

question 16

True/False

To calculate a crude birth rate, divide the number of live births in a year by the total population and multiply the result by 1,000.

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Definitions:

Variance

The difference between planned or expected outcomes and the actual outcomes in finance and accounting.

Cost Drivers

Factors that cause a change in the cost of an activity, used in activity-based costing to allocate costs accurately.

Revenue Variances

The difference between actual revenue and budgeted or projected revenue.

Spending Variances

The difference between actual spending and budgeted or planned spending in various categories.