Disadvantages of Using Standard Costs and Variances Include All of the Following

question 77

Multiple Choice

Disadvantages of using standard costs and variances include all of the following except

• A)the excessive cost to keep standards up-to-date.
• B)companies that pay employees a salary because direct labor is a fixed cost rather than a variable cost.
• C)those manufacturing costs that enter Work in Process Inventory are recorded at standard cost, rather than actual cost.
• D)traditional standards can promote unfavorable employee behavior.

Explain the physiological responses to stress including the role of the hypothalamic-pituitary-adrenal (HPA) axis.

Describe the relationship between stress and immune system functioning.

Identify the impacts of acute and chronic stressors on health.

Differentiate between Type A and Type B behavior patterns and their impacts on health.

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Definitions:

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States.

Perfection

The series of legal steps a secured party takes to protect its right in the collateral from the other creditors who want their debt returned through the same collateral.

Security Interest

A legal claim or right granted over property to secure the payment of a debt or obligation.

Financing Statement

A document that lists the names and addresses of all the parties involved in the transaction, a description of the collateral, and the signature of the debtor.