Sixty-Eight Percent of the World's Mobile Phone Subscriptions Are in

question 69

Multiple Choice

Sixty-eight percent of the world's mobile phone subscriptions are in

• A) developing countries.
• B) Europe.
• C) the United States.
• D) the United States and Canada.

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Definitions:

Payroll

The total amount of wages, salaries, and other earnings paid by a business to its employees.

Labor Efficiency

The measure of the amount of work accomplished with a specific amount of labor input.

Labor Quantity Variance

The difference between the actual labor hours worked and the standard hours expected, multiplied by the standard labor rate.

Total Labor Variance

The difference between the actual labor costs incurred and the standard labor costs for the actual production achieved.