Which of the Following Is True of Telecommuting

question 49

Multiple Choice

Which of the following is true of telecommuting?

• A) It allows employees a certain degree of flexibility in terms of their work hours.
• B) It allows employees no flexibility in terms of the locations from which they work.
• C) It makes it easier for employers to measure the amount of time employees are on-site.
• D) It makes it easier for employers to monitor the Internet activity of their employees.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (standard) cost based on the actual level of activity.

Materials Price Variance

The difference between the actual cost of direct materials and the standard cost, multiplied by the actual quantity of materials purchased.

Labor Rate Variance

The difference between the expected cost of labor per unit of production and the actual cost, often used to identify efficiency and wage rate changes.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost allocated for the actual production volume, resulting from efficiency in variable overhead resource usage.