The Difference Between Actual and Standard Cost Caused by the Difference

question 32

Multiple Choice

The difference between actual and standard cost caused by the difference between the actual price and the standard price is called the:

• A) Standard variance.
• B) Quantity variance.
• C) Volume variance.
• D) Controllable variance.
• E) Price variance.

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Definitions:

Defensive Body Positions

Physical stances taken by individuals that indicate discomfort, disinterest, or readiness to protect oneself from perceived threats or conflicts.

Leaning Forward

This refers to a nonverbal communication gesture indicating interest, attentiveness, and engagement in the ongoing interaction.

Uncrossed Arms

a body language sign that indicates openness, receptiveness, or a non-defensive attitude.

Personal Space

The physical distance individuals prefer to maintain between themselves and others to feel comfortable and secure.