Which of the Following Is True About Climatic Classification Systems

question 99

Multiple Choice

Which of the following is true about climatic classification systems?

• A)Some are based on the obvious properties of temperature and precipitation.
• B)Some use the frequency with which air mass types occupy various regions.
• C)Some use differences in energy budget components.
• D)All of these

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Definitions:

Denominator Level

The level of activity used to compute the fixed manufacturing overhead rate in absorption costing, affecting inventory and cost of goods sold.

Budget Variance

The difference between budgeted amounts and actual amounts spent or received.

Volume Variance

The difference between the expected volume of production or sales and the actual volume, affecting budgeting and costing.

Overhead Variances

The difference between the actual overhead costs incurred and the standard overhead costs expected for the level of activity.