A Favorable Labor Rate Variance Indicates That

question 346

Multiple Choice

A favorable labor rate variance indicates that

• A) actual hours exceed standard hours.
• B) standard hours exceed actual hours.
• C) the actual rate exceeds the standard rate.
• D) the standard rate exceeds the actual rate.

---

Definitions:

Constructive Criticism

Feedback that is offered in a positive manner with the intent to improve or correct, rather than to belittle.

Anonymous Notes

Undisclosed feedback or information provided without revealing the identity of the sender.

Critical Listening

A listening mode where the listener evaluates or analyses the information being heard and its implications.

Presented Information

Information that has been given or shown to others, typically in a structured and formal manner.