The Variance That Captures the Effect of Efficient Use of the Activity

question 146

Multiple Choice

The variance that captures the effect of efficient use of the activity base on the cost of variable overhead is the

• A)variable overhead spending variance.
• B)variable overhead efficiency variance.
• C)variable overhead volume variance.
• D)variable overhead rate variance.

Recognize the stages of change according to Lewin and their significance.

Analyze the factors influencing organizational change and resistance to it.

Comprehend the concept and benefits of learning organizations.

Understand the methods and dimensions of organizational learning.

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Definitions:

U.S.GAAP

United States Generally Accepted Accounting Principles, a collection of rules and guidelines designed to improve and standardize accounting practices.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired and put into use.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial condition at a specific time, including assets, liabilities, and shareholders' equity.

Depreciation Methods

Various techniques used to systematically allocate the cost of a tangible asset over its useful life, including straight-line, declining balance, and units of production methods.