Match the Definitions with the Appropriate Terms

question 166

Multiple Choice

Match the definitions with the appropriate terms.
-methods used to prevent unconscious anxiety or threatening thoughts from entering consciousness

• A)defence mechanism
• B)libido
• C)id
• D)superego
• E)ego

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Definitions:

Variances

The differences between planned or expected results and actual outcomes in budgeting and accounting.

Material Price Variances

The difference between the actual cost of materials and the expected or budgeted cost of materials in production processes.

Materials Account

An account used to track the costs of raw materials that are either in stock or being used in production processes.

Standard Cost

A predetermined cost of manufacturing a product or providing a service, used for budgeting and performance evaluation.