One Response to Deng's Attempt to Restore "Socialist Legality" in Reaction

question 77

Multiple Choice

One response to Deng's attempt to restore "socialist legality" in reaction to the arbitrary punishments of the Cultural Revolution was

• A) the Great Leap Forward.
• B) the Four Modernizations.
• C) Beijing's "Democracy Wall."
• D) the five-year plan.
• E) a retreat to economic Marxism.

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Definitions:

Total Cost Variance

measures the difference between the actual cost of producing something and its standard cost, highlighting efficiency and budgeting issues.

Variable Factory Overhead

Costs in manufacturing that fluctuate with the level of production, such as utilities or materials.

Direct Materials

Raw materials that are directly incorporated into a finished product and can easily be traced to the product.

Quantity Variance

The difference between the expected and actual quantities of inputs used in the production process, affecting the cost of goods sold.