Which of the Following Is the Correct Formula to Measure

question 68

Multiple Choice

Which of the following is the correct formula to measure cost variance?

• A)Cost Variance = (Actual Cost + Standard Cost)÷ Actual Quantity
• B)Cost Variance = (Actual Cost - Standard Cost)× Actual Quantity
• C)Cost Variance = (Actual Cost + Standard Cost)+ Actual Quantity
• D)Cost Variance = (Actual Cost - Standard Cost)- Actual Quantity

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Definitions:

Health Maintenance

The practice of adopting lifestyle choices and healthcare practices aimed at preventing disease and enhancing wellness.

Disease Prevention

Actions or behaviors aimed at stopping the occurrence of diseases and maintaining overall health.

Patient's Identity

Information that uniquely identifies an individual patient, including name, birth date, and medical history, crucial for providing personalized and confidential healthcare.

Aggressive Communication

A style of communication characterized by assertiveness taken to an extreme, often at the expense of others' feelings and opinions.