Which of the Following Is Not an Overhead Variance

question 42

Multiple Choice

Which of the following is not an overhead variance?

• A) Variable-overhead spending variance.
• B) Variable-overhead volume variance.
• C) Variable-overhead efficiency variance.
• D) Fixed-overhead budget variance.
• E) Fixed-overhead volume variance.

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Definitions:

Interest Revenue

Income earned on investments, savings accounts, and other financial instruments that pay interest.

Fair Value

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.

Stock Securities

Shares of ownership in a corporation or financial assets representing such shares, which can be bought and sold in the stock market.

Debt Securities

Financial instruments representing a loan made by an investor to a borrower, typically including bonds, notes, and bills.