Which of the Following Variances Are Most Similar with Respect

question 88

Multiple Choice

Which of the following variances are most similar with respect to the manner in which they are calculated?

• A)Direct-labour rate variance and direct-labour efficiency variance.
• B)Direct-material price variance and direct-material quantity variance.
• C)Direct-material price variance, direct-material quantity variance, and total direct-material variance.
• D)Direct-material price variance and direct-labour efficiency variance.
• E)Direct-material quantity variance and direct-labour efficiency variance.

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Definitions:

Flexible Work

Employment arrangements that allow for variations in work schedule, location, and hours, catering to the needs and preferences of employees.

Telecommuting

The practice of working from a remote location, typically one's home, using the internet and telecommunications technology.

Job Performance

The evaluation of how effectively an employee carries out their assigned tasks and duties.

Perceptions of Autonomy

The degree to which individuals feel they have control or freedom over their work and decisions within an organization.