Which of the Following Companies Would Be Most Likely to Use

question 311

Multiple Choice

Which of the following companies would be most likely to use target return-on-investment pricing?

• A)a farmer
• B)a florist shop
• C)a craftsperson book publisher
• D)a veterinarian
• E)an automobile manufacturer

Acknowledge the significance of leadership development activities as rated by HR managers.

Understand the concept of replacement planning and its role in HR planning.

Recognize the importance of mentoring and coaching in leader and employee development.

Understand the importance of identifying and developing high-potential employees for leadership roles.

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Definitions:

Spending Variance

The difference between the budgeted or planned amount of expense and the actual amount spent.

Variable Overhead Spending Variance

The difference between the actual costs incurred for variable overheads and the expected costs of variable overheads based on standard cost.

Fixed Overhead Spending Variance

This metric measures the difference between the actual fixed overhead costs incurred and the budgeted (or standard) fixed overhead costs.

Variable Overhead Efficiency Variance

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