In the Pathway of the Flow of Blood Through the Heart

question 273

Multiple Choice

In the pathway of the flow of blood through the heart, oxygenated blood returns from the lungs and enters the:

• A)right atrium.
• B)right ventricle.
• C)left atrium.
• D)left ventricle.

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Definitions:

Cost Variance

The difference between the actual cost and the standard or planned cost in a budget.

Standard Cost

A predetermined cost of manufacturing, selling, or any other business activity, used for budgeting and performance evaluation.

Actual Cost

The actual expense incurred to acquire an asset or service, including all amounts spent to bring the item to a usable condition and location.

Fixed Factory Overhead Volume Variances

The difference between budgeted and actual fixed overhead costs, attributed to variations in production volume.