A Three-Column Layout Like the One in the Accompanying Figure

question 139

Multiple Choice

A three-column layout like the one in the accompanying figure uses ____.

• A) defined percentages for the left column width,and no specification for the width of the middle and right columns
• B) defined percentages for the middle column width,and no specification for the width of the left and right columns
• C) defined percentages for the right column width,and no specification for the width of the left and middle columns
• D) defined percentages for the left and right column widths,and no specification for the width of the middle columns

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Definitions:

Normal Standard

A benchmark or baseline condition expected to be present in a set of data, processes, or operations.

Direct Materials Price Variance

The difference between the actual cost of direct materials and the expected cost at standard prices.

Actual Price

The price at which goods or services are sold, reflecting current market conditions.

Standard Price

A predetermined cost serving as a benchmark for the valuation of goods and services in accounting and budgeting.