When Managers Investigate a Direct Labor Efficiency Variance,they Are Trying

question 138

Multiple Choice

When managers investigate a direct labor efficiency variance,they are trying to

• A)place blame on the person responsible for the variance.
• B)understand why workers took a longer or shorter amount of time than expected to produce a product.
• C)find out which workers were paid more than the standard rate.
• D)All of these answer choices are correct.

---

Definitions:

Financial Investments

Putting money into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

Personal Investments

financial assets purchased with the expectation that they will generate income, appreciate in value, or both, including stocks, bonds, real estate, and mutual funds.

Sales Territory

A defined geographical area assigned to a salesperson or team, within which they are responsible for selling a company's products or services.

Customer's Problems

Issues or challenges faced by customers that may prompt them to seek solutions through purchasing products or services.