According to the Concept of General Intelligence, a Person's Intelligence

question 5

Multiple Choice

According to the concept of general intelligence, a person's intelligence score actually represents

• A)differences in unique ability stemming from a specific task.
• B)the additive score on a broad variety of tasks.
• C)the shared variance underlying performance on a diverse set of tasks.
• D)abilities on a particular test as compared to others within the same age group.

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Definitions:

Labour Efficiency Variance

Labour efficiency variance is the difference between the actual labor hours used and the standard labor hours expected for the output level achieved, reflecting labor efficiency.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the expected (or budgeted) variable overhead based on efficient usage of resources.

Material Price Variance

The difference between the actual cost of materials purchased and the expected (or standard) cost, indicating how efficiently materials are being purchased.

Material Usage Variance

The difference between the actual amount of materials used in production and the standard amount expected, valued at the standard cost.