If Actual Costs Are Greater Than Standard Costs There Is

question 77

Multiple Choice

If actual costs are greater than standard costs there is a(n)

• A) normal variance.
• B) unfavorable variance.
• C) favorable variance.
• D) error in the accounting system.

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Definitions:

Psychoanalytic Theory

is a method of psychology and psychotherapy developed by Sigmund Freud that emphasizes unconscious motives and conflicts.

Inferiority Complex

A psychological condition where an individual feels a deep sense of inadequacy and inferiority, often leading to overcompensation or withdrawal.

Alfred Adler

Alfred Adler was an Austrian medical doctor and psychotherapist who founded the school of individual psychology, emphasizing the importance of the feeling of inferiority and the striving for superiority in shaping personality.

Abused Child

A minor who has been subjected to harmful treatment, whether physically, psychologically, sexually, or through neglect.