Repricing Gap Refers to The

question 65

Multiple Choice

Repricing gap refers to the:

• A)difference between rate-sensitive assets and rate-sensitive liabilities
• B)sum of rate-sensitive assets and rate-sensitive liabilities
• C)difference between rate-sensitive liabilities and rate-sensitive assets
• D)difference between rate-insensitive assets and rate-insensitive liabilities

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Definitions:

Materials Price Variance

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

Variable Manufacturing

Costs in manufacturing that change in proportion to the volume of production, such as materials and labor.

Materials Price Variance

The difference between the actual cost of materials used in production and the budgeted cost of materials, based on standard prices and actual quantities purchased.

Variable Manufacturing

Costs in manufacturing that vary directly with the level of production, such as raw materials and direct labor costs.