Good Job Selection Is a Critical Management Task Because

question 51

Multiple Choice

Good job selection is a critical management task because:

• A)it severely impacts the bottom line of an organization in regard to time and money.
• B)it impacts productivity of the organization as a whole.
• C)it minimizes litigation risk in relation to the issue of negligent hires.
• D)it reduces employee turnover.
• E)All statements are correct.

Understand how to calculate direct materials variance including price and quantity variances.

Grasp the concept of total materials variance and how it relates to price and quantity variances.

Analyze direct labor variances, including understanding standard rates and how deviations from these rates affect cost outcomes.

Determine the implications of favorable and unfavorable variances and their impact on operational efficiency.