The Rate and Efficiency Variances Are Subcomponents of

question 128

Multiple Choice

The rate and efficiency variances are subcomponents of

• A) a flexible-budget variance.
• B) the fixed overhead static-budget variance.
• C) a production-volume variance.
• D) a variable overhead volume variance.
• E) the fixed overhead rate variance.

---

Definitions:

Job Design

A method of setting duties and responsibilities of a job with the intention of improving productivity and performance

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Organizational Development

A planned effort to increase an organization’s effectiveness and capability through interventions in its processes, structures, and strategies.

Work Activities

Refers to the tasks or responsibilities that are performed by individuals within their job roles, contributing to the goals of the organization.