Which of the Following Is an Example of a Marketing

question 59

Multiple Choice

Which of the following is an example of a Marketing Service? 

• A) Buildings maintenance. 
• B) Advertising. 
• C) Risk management. 
• D) Security.

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Definitions:

Labor Efficiency Variance

The deviation between the actual hours taken to produce a unit of output and the standard hours expected, multiplied by the standard labor rate.

Materials Price Variance

The difference between the actual cost of direct materials and the expected cost at standard prices.

Materials Quantity Variance

The difference between the actual amount of materials used in production and the standard amount expected, multiplied by the standard cost per unit.

Materials Price Variance

The difference between the actual cost of materials purchased and the standard cost, multiplied by the quantity of materials purchased.