In an Effort to Secure Online Payments,B2C E-Commerce IT Managers

question 120

Multiple Choice

In an effort to secure online payments,B2C e-commerce IT managers use which of the following?

• A)verified signatures
• B)data warehouses
• C)banks as clearing points
• D)secure socket layers

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Definitions:

Variable Overhead Efficiency Variance

Variable overhead efficiency variance is the difference between the actual and budgeted variable overhead cost based on the efficient utilization of resources.

Direct Labor-hours

The amount of labor hours that can be directly attributed to the production process, serving as a basis for allocating manufacturing overhead costs in some costing systems.

Variable Manufacturing Overhead Standards

Pre-set rates used to allocate variable overhead costs to individual units of production based on expected usage criteria, such as labor hours.

Variable Overhead Efficiency Variance

A measure in cost accounting showing the difference between the actual variable overhead incurred and the expected (or standard) variable overhead based on the actual hours worked.