Which of the Following Will Result in an Unfavorable Direct

question 81

Multiple Choice

Which of the following will result in an unfavorable direct labor cost variance?

• A)when actual direct labor hours exceed standard direct labor hours
• B)when actual direct labor hours are less than standard direct labor hours
• C)when the actual direct labor rate exceeds the standard direct labor rate
• D)when the actual direct labor rate is less than the standard direct labor rate

Distinguishing between types of organizational changes (incremental, strategic, transformational).

Identifying various organization development interventions and their purposes.

Understanding the concept and tools for job redesign.

Acknowledging the role and benefits of executive coaching in organizational development.

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Definitions:

Quantity Equation

The quantity equation relates the quantity of money in an economy to the nominal value of economic transactions, serving as a foundation for theories on money supply and price levels.

Real Income

The income of an individual or group after taking into consideration the effects of inflation on purchasing power.

Monetary Neutrality

The concept that changes in the money supply only affect nominal variables in the economy (such as prices, wages, and exchange rates) in the long term, without affecting real variables (like employment and real GDP).

Long Run

A period in which all factors of production and costs are variable, allowing firms to adjust to new conditions or markets.