In a SWOT Analysis, Which of the Following Is Considered

question 51

Multiple Choice

In a SWOT analysis, which of the following is considered a company's strength?

• A)Presence of wide distribution networks
• B)Attractiveness of the industry
• C)Market exit of a competitor
• D)Favourable political changes
• E)Acquiring another firm and gaining market access

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Definitions:

Overapplied

A condition where the manufacturing overhead allocated to products exceeds the actual manufacturing overhead costs incurred.

Underapplied

A situation in cost accounting where the allocated overhead costs are less than the actual overhead costs.

Predetermined Overhead Rate

The predetermined overhead rate is a rate used to allocate manufacturing overhead costs to products or job orders, based on estimated overhead costs and activity levels.

Variable Overhead Rate Variance

The difference between the actual variable overhead costs incurred and the standard cost allocated, indicating inefficiencies or cost control issues.