Which of the Following Statements About Applicant Information Sources Is

question 81

Multiple Choice

Which of the following statements about applicant information sources is FALSE?

• A) An application form should include factual questions concerning the profile the company established for the position.
• B) Contacting references is a good way to validate information on the application form.
• C) The most frequently contacted references are former professors.
• D) Experienced sales managers expect to hear favorable comments when they contact an applicant's references.
• E) One should choose a variety of references that can provide different information about him/her.

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Definitions:

Total Controllable Cost Variance

The difference between the actual controllable costs incurred and the standard or expected controllable costs, aiming to measure performance in managing costs that are supposed to be under the company's control.

Overhead Costs

Expenses that are not directly tied to the production of goods or services, such as rent, utilities, and administrative salaries.

Direct Materials Quantity Variance

The difference between the actual quantity of direct materials used and the expected quantity, multiplied by the standard cost per unit.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the standard cost, attributed to the difference in the hourly wage rate paid and the standard rate expected.