Which of the Following Duties Would Be Performed by a Top

question 125

Multiple Choice

Which of the following duties would be performed by a top manager for a management consulting firm?

• A)establishing a positive organizational culture  
• B)ensuring that employees are attired according to the company dress code  
• C)evaluating the performance of individual consultants  
• D)monitoring expense statements turned in by consultants

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Definitions:

Labour Efficiency Variance

The difference between the actual labor hours used and the standard labor hours expected, multiplied by the standard labor rate.

Direct Labour Used

The total effort, measured in hours or costs, of workers directly involved in the manufacturing process of a product.

Variable Manuf. Overhead

Costs that vary with production volume, such as utilities and materials used in manufacturing.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, valued at standard cost.