When Did Federal Sentencing Guidelines Emerge

question 5

Multiple Choice

When did federal sentencing guidelines emerge?

• A)1960s
• B)1970s
• C)1980s
• D)1990s

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Definitions:

Volume Variance

A measurement of the difference between the actual production volume and the expected (or budgeted) production volume, affecting the costs incurred.

Variable Component

A cost associated with the production of goods or services that varies with the level of output or sales.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to apply manufacturing overhead costs to products by estimating fixed and variable manufacturing overhead costs for the coming period.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual units of production, based on estimated costs.