Which of the Following Was a Lasting Accomplishment of the French

question 27

Multiple Choice

Which of the following was a lasting accomplishment of the French king Philip II?

• A) A revision of his kingdom's tax code to make it more progressive despite vehement opposition from the French aristocracy
• B) Philip's imposition of a royal administration based on extensive record keeping
• C) The Edict of Toleration, which guaranteed to all of Philip's subjects-including Jews-protection from religious persecution
• D) The establishment of schools for boys and girls that provided basic instruction in reading and writing

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Definitions:

FOH Volume Variance

A measurement in managerial accounting that compares the budgeted factory overhead for actual production volumes against the applied factory overhead based on standard costing.

FOH Budget Variance

The difference between the actual factory overhead costs incurred and the overhead costs allocated to production based on budgeted rates.

Fixed Manufacturing Overhead

Costs that do not change with the level of production, including salaries, rent, and insurance.

Labor Efficiency Variance

A discrepancy between the actual working hours and the expected standard hours, multiplied by the predetermined salary rate.