The Federalists Believed That the Powers of Government Could Be

question 11

Multiple Choice

The Federalists believed that the powers of government could be limited by

• A)decreasing the powers of the executive branch,especially those of the vice president.
• B)confining the powers of the federal government to certain narrowly defined areas and by adding a bill of rights to the Constitution.
• C)creating an internal system of checks and controls within government.
• D)preventing government from collecting revenue through taxation.

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Definitions:

Overhead Variances

The difference between actual overhead costs and the budgeted or standard overhead costs.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to products or job orders, calculated before the costs are actually incurred.

Labor-Hour

A unit of measure representing one hour of work by an employee, often used in costing and budgeting processes.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard variable overhead allocated, based on the actual input of the allocation base.