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Match Each Term with the Best Description

question 57

Multiple Choice

Match each term with the best description.
-Word document that contains the standard text for each mail-merge letter/label

Calculate the total return on foreign investments in U.S. dollars.
Understand the benefits of adding international stocks to a U.S. stock portfolio for diversification.
Grasp the principles of effective international diversification.
Know the definitions and purposes of ADRs and WEBS.

Definitions:

Actual Results

The real, achieved outcomes of business activities, such as sales, expenses, and profits, which are compared against planned or forecasted results.

Standard Hours

The predetermined amount of time expected to complete a task, job, or project.

Variable Manufacturing Overhead

Costs that vary directly with the level of production output, such as indirect materials and indirect labor that increase as production increases.

Actual Output

The real quantity of goods or services produced by a company during a specific period, as opposed to planned or theoretical output.

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