Every Paragraph Should Express ________ Main Idea(s)

question 36

Multiple Choice

Every paragraph should express ________ main idea(s) .

• A) one
• B) two
• C) three
• D) five

---

Definitions:

Net Operating Income

The profit derived from a company's everyday operations, calculated by subtracting operating expenses from gross profit.

Planning Budget

A budget prepared for a specific level of activity; it can be adjusted to reflect various levels of operation.

Labor Rate Variance

A financial measure that compares the actual cost of labor to the expected or standard cost, indicating how well a company manages its labor expenses.

Labor Efficiency Variance

A measure of the difference between the actual hours worked by employees and the expected hours worked, multiplied by the standard labor rate.