The Developmental Norms Established by Arnold Gesell in the 1930s

question 84

True/False

The developmental norms established by Arnold Gesell in the 1930s are only of limited use to professionals who work with children today.

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Definitions:

Labor Efficiency Variance

The difference between the actual labor hours used and the standard hours expected for the level of production achieved.

Direct Labor

The cost of workers who are directly involved in the production of goods or the delivery of services.

Standard Cost System

An accounting method that assigns predetermined costs to products and services, which are then compared to actual costs to measure performance.

Labor Rate Variance

The difference between the actual cost of labor and the budgeted or standard cost of labor, used as a measure of performance in cost control.