Find the Number of Proper Subsets the Set Has

question 9

Multiple Choice

Find the number of proper subsets the set has. {m, n, p}

• A)8
• B)3
• C)7
• D)6

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Definitions:

Labour Rate Variance

A financial metric that measures the difference between the actual cost of labor and its expected cost based on standard rates.

Performance Report

A detailed report comparing budgeted data to actual data.

Budgeted Costs

Estimated financial figures for revenues and expenses set during the budgeting process for a future period.

Labour Efficiency Variance

A measure used in cost accounting to determine the difference between the actual hours worked and the standard hours planned for a task, multiplied by the standard labor rate.