An Interest Group Keeps an Eye on the Performance of a Government

question 20

Multiple Choice

An interest group keeps an eye on the performance of a government program. This process is called

• A) program monitoring.
• B) citizen oversight.
• C) bureaucratic surveillance.
• D) bureaucratic assistance.

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Definitions:

Variable Overhead Efficiency Variance

The difference between the actual and expected (or standard) variable overhead costs based on the actual production hours.

Standard Activity

A benchmark or norm for measuring performance or efficiency, often used in costing and budgeting processes.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual products or job orders, calculated before the production period based on estimated costs and activity levels.

Labor Rate Variance

It's the difference between the actual cost of labor and the budgeted or standard cost of labor.