A Group of Pilots Attending a Refresher Course That Will

question 63

Multiple Choice

A group of pilots attending a refresher course that will enable them to learn and assimilate new technological developments in aviation into their current flights is an example of a _____ training program.

• A) professional
• B) quality
• C) team
• D) vestibule
• E) job swap

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Definitions:

Fixed Factory Overhead Volume Variances

The difference between budgeted and actual fixed overhead costs, attributed to variations in production volume.

Normal Capacity

The average production or operating levels that a company can sustain under normal circumstances over a period.

Direct Materials Price Variance

The difference between the actual cost of direct materials and the standard cost, multiplied by the actual quantity purchased.

Units

A measure of quantity used to quantify the products, services, or resources dealt with in business operations.