Which of the Following Is the Correct Formula for Measuring

question 49

Multiple Choice

Which of the following is the correct formula for measuring an efficiency variance?

• A) Efficiency Variance = (Actual Quantity + Standard Quantity) - Standard Cost
• B) Efficiency Variance = (Actual Quantity × Standard Quantity) / Standard Cost
• C) Efficiency Variance = (Actual Quantity / Standard Quantity) × Standard Cost
• D) Efficiency Variance = (Actual Quantity - Standard Quantity) × Standard Cost

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Definitions:

Affiliation

is a social or professional connection between individuals or organizations, often based on shared goals, interests, or values.

Life Experiences

The collection of events, situations, and activities that an individual encounters throughout their lifetime which shape their character and beliefs.

Herzberg's Two-Factor Theory

A theory that distinguishes between motivators (factors that cause satisfaction and motivation) and hygiene factors (factors that prevent dissatisfaction but do not necessarily motivate).

Hygiene Factors

Factors related to the work environment that do not necessarily motivate employees if present, but can cause dissatisfaction if absent.