When Using Management by Exception,which of the Following Variances Would

question 102

Multiple Choice

When using management by exception,which of the following variances would NOT affect the production manager?

• A)direct materials efficiency
• B)variable overhead efficiency
• C)direct labor cost
• D)direct labor efficiency

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Definitions:

Employment Law

The branch of law that deals with the rights and duties between employers and workers.

Independent Contractor

A person or entity contracted to perform work for—yet not employed by—another entity, retaining control over how the work is executed.

Essential Part

A component or aspect of something that is fundamental to its function, nature, or structure.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money, property, or confidential information.