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​Office of the Inspector General Special Agents of the Division

question 22

Multiple Choice

​Office of the Inspector General special agents of the Division of Labor Racketeering conduct investigations in three general areas.Which of the following is NOT one of those areas?


Definitions:

Budget Variance

The difference between budgeted figures for revenue or spending and the actual amounts incurred.

Machine-Hours

A measure of production time, calculated by the number of hours machines are operating as part of the manufacturing process.

Actual Output

The actual quantity of goods or services produced by a company within a specified timeframe.

Variable Overhead Rate

The ratio of variable overhead costs to an activity base such as units produced or direct labor-hours, used for costing purposes.

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