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:

Employee Privacy

The rights of employees to have their personal information, activities, and communications kept confidential at the workplace.

Punish Deficiencies

Penalizing failures or lack in required or expected qualities, performance, or resources.

Work Friends

Colleagues with whom one maintains a friendly relationship, often extending beyond the professional environment.

Energized

Feeling lively, full of energy or power.