If You Were to Measure the Amount of Current Flowing

question 4

Multiple Choice

If you were to measure the amount of current flowing in a circuit, you would use a(n) ____.

• A) voltmeter
• B) ammeter
• C) ohmmeter
• D) oscilloscope

Identify and explain the variances in overhead, labor, and materials costs.

Recognize the role and responsibility of different departments in variance analysis and standard cost setting.

Differentiate between various types of standards such as ideal, normal, and tight standards.

Understand how standard costs contribute to management planning, control, and decision making.