The Difference Between Actual and Standard Cost Caused by the Difference

question 141

Multiple Choice

The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the:

• A) Controllable variance.
• B) Standard variance.
• C) Budget variance.
• D) Quantity variance.
• E) Price variance.

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Definitions:

Million Years Ago

A time scale used to describe events or phenomena that occurred a specific number of millions of years in the past.

Oldest

Referring to something or someone with the greatest age in a group or of its kind.

Dental Force

The magnitude of pressure applied by the teeth during biting or chewing.

Crushing

Crushing describes the act of applying force to break or compress materials or structures, often used in processes involving the reduction of size in solid materials.