A Long-Term Technique Used by Investors Who Purchase an Equal

question 105

Multiple Choice

A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called a

• A)dollar cost averaging.
• B)dividend reinvestment plan.
• C)buy and hold technique.
• D)regulated transaction.
• E)secured transaction.

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Definitions:

Labour Efficiency Variance

The difference between the actual hours worked and the standard hours allowed for the work performed, multiplied by the standard labor rate.

Labour Rate Variance

A measurement of the difference between actual labor costs and what those costs should have been according to standard rates.

Quantity Standards

Quantity standards refer to the specified amount of materials, labor, and overhead that should be used for producing one unit of goods, serving as benchmarks for measuring efficiency.

Standard Costing

A cost accounting method that assigns expected costs to products, which are then compared with actual costs to measure performance.