In Determining Whether a Person Will Conform to the Group

question 116

Multiple Choice

In determining whether a person will conform to the group, which of the following factors is more important than the number of people in the group?

• A)unanimity
• B)cohesion
• C)proximity
• D)comparison level

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Definitions:

Standard Cost

A predetermined cost of manufacturing, used for budgeting and assessing performance.

Per Unit

Refers to the measurement or cost associated with one single unit of product or service.

Labor Efficiency Variance

The difference between the actual labor hours used and the standard labor hours expected for the level of production achieved.

Labor Rate Variance

A financial measure that calculates the difference between the actual labor costs and the expected labor costs based on standard rates.