Based on the Material Presented in Your Text, Which of the Following

question 9

Multiple Choice

Based on the material presented in your text, which of the following is NOT an exception to the requirement of determining that an employment practice is job related?

• A) National security
• B) Bona fide seniority system
• C) Veteran's preference rights
• D) All three of these are exceptions

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Definitions:

Actual Fixed Overhead Costs

The real costs incurred for fixed overhead during a specified accounting period.

Budgeted Activity

The planned level of output or activity for a specific period, used for planning and control purposes.

Labor Rate Variance

The difference between the actual hourly wage paid to workers and the expected wage, multiplied by the actual hours worked.

Labor Efficiency Variance

The difference between the actual labor hours taken to produce a good or service and the standard labor hours expected, multiplied by the labor rate.