Match the Variance to the Correct Definition

question 93

Multiple Choice

Match the variance to the correct definition.
-Flexible budget variance

• A)measures how well the business uses its materials or human resources
• B)the difference between the expected results in the flexible budget for the actual units sold and the static budget
• C)the difference between actual results and expected results in the flexible budget for the actual units sold
• D)measures how well the business keeps unit material and labor costs within standards
• E)the difference between actual results and the expected results in the static budget

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Definitions:

Deindividuation

A psychological state where an individual loses self-awareness and a sense of individuality, often in group contexts, leading to uninhibited behavior.

Social Facilitation

The tendency for people to perform differently when in the presence of others, usually improving on simple tasks and doing poorly on complex tasks.

Dispositional Attribution

The tendency to attribute someone's behavior to their inherent personality traits rather than to the situations they are in.

Situational Attribution

The process of attributing behavior to external factors or circumstances.