To Work Effectively in a Team, Employees

question 25

Multiple Choice

To work effectively in a team, employees

• A) should not worry about obstacles to achieving the team's goals
• B) need not consider how the success of the team will be measured
• C) should set clear goals for the team
• D) should avoid considering the strengths of individuals because all work will be done as a team

---

Definitions:

Variable Overhead Efficiency Variance

The difference between the standard cost of variable overheads based on expected efficiency and the actual variable overheads incurred.

Month

A unit of time, approximately 1/12th of a year, based on the Gregorian calendar.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected variable overhead based on standard costs.

Labor Rate Variance

The difference between the actual labor rate paid and the standard or expected labor rate, impacting the total cost of production.