If the Actual Direct Labor-Hours Used Is Less Than the Standard

question 47

True/False

If the actual direct labor-hours used is less than the standard direct labor-hours allowed for the actual output,then the journal entry to record the Labor Efficiency Variance would be a debit.

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Definitions:

Administrative Investigation

An inquiry conducted by an organization or agency to uncover facts or information about a particular matter, often related to misconduct.

Relevant Information

Data or facts that are directly related to and significant for the matter at hand.

Federal Agency

A government body established by Congress to perform a specific function or set of functions at a national level.

Public Observation

The act of monitoring or watching actions, behaviors, or occurrences in public settings, often for the purpose of gathering information.