Which of the Following Variances Is Not Used in a Standard

question 147

Multiple Choice

Which of the following variances is not used in a standard cost system?

• A) Variable overhead spending variance.
• B) Fixed overhead spending variance.
• C) Variable overhead efficiency variance.
• D) Fixed overhead efficiency variance.
• E) Fixed overhead volume variance.

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Definitions:

Indifferent

Describes a state of neutrality or lack of preference towards a person, object, or situation.

Rejecting Behaviors

Actions or attitudes that dismiss, ignore, or degrade another individual, often leading to negative psychological effects on the recipient.

Uninvolved

A style of parenting or interpersonal relationship characterized by minimal emotional involvement and interaction.

Respecting Rules

The act of acknowledging and adhering to established guidelines or standards governing behavior within a specific context.