Describe the Structure of Australia's Share Market in Terms of the Number

question 68

Essay

Describe the structure of Australia's share market in terms of the number of listed companies, their relative size and their liquidity.

---

Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted amount for a category or period, indicating over or underspending.

Quantity Variance

The difference between the actual quantity of materials or labor used in production and the expected (or standard) quantity.

Overhead Cost Variance

The difference between the actual overhead costs incurred and the standard or expected overhead costs.

Standard Cost Card

A document that lists the standard costs associated with producing a product, including materials, labor, and overhead rates.