Which of the Following Is Not an Explanation for a Favorable

question 147

Multiple Choice

Which of the following is not an explanation for a favorable variable overhead spending variance?

• A)Paid less than expected for indirect material
• B)Used variable overhead items efficiently
• C)Paid less than expected for indirect labor
• D)Efficient use of the activity base

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Definitions:

Ultimate Attribution Error

The tendency to attribute negative behaviors of an outgroup member to their character while attributing positive behaviors to situational factors.

Ingroup Actions

Refers to the behaviors and activities that are conducted by members within a specific group, often aimed at achieving the group's goals or maintaining its cohesion.

False Consensus Effect

Seeing our own behaviour as being more typical than it really is.

Inflated Grade

A grade that is higher than what would be justified by the student's actual performance, often resulting from grade inflation.