As Protestantism Developed, a Radical Reformation Appeared Which

question 17

Multiple Choice

As Protestantism developed, a Radical Reformation appeared which

• A)was condemned by both Luther and Calvin.
• B)tied into the semi-Christian folk beliefs of the peasantry.
• C)held that God favored the poor and thus the Gospel preached social revolution.
• D)preached that God communicated directly to his people through "an inner light."
• E)All of these

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Definitions:

Fixed Overhead Budget Variance

The difference between the actual fixed overhead costs incurred and the budgeted or expected costs.

Unfavorable

A term used in variance analysis to describe a situation where actual results are worse than expected results, leading to a negative impact on financial performance.

Favorable

A term used in finance and accounting to describe results that are better than expected or budgeted.

Predetermined Overhead Rate

A rate used to apply manufacturing overhead to products or job orders, calculated based on estimated overhead costs and an allocation base.