Foot Relates That "An Action Which Is Not Determined Cannot

question 70

Multiple Choice

Foot relates that "an action which is not determined cannot properly be called an action at all, being something that happened to the agent rather than something he ..."

• A) acquired.
• B) bequeathed.
• C) considered.
• D) did.

---

Definitions:

Budget Variance

The difference between the budgeted amount of expense or revenue, and the actual amount of expense or revenue incurred.

Volume Variance

The difference between the budgeted fixed overhead and the applied fixed overhead, which is usually driven by a difference in actual production volume and the expected production volume.

Materials Price Variance

The variance between the real expense of materials and their anticipated (standard) price.

Raw Material

The basic substances or components that are processed or used in the manufacturing of goods.