Examlex
Which of the following terms refers to an outside vendor that manages HR functions for small businesses?
Activity Variance
The difference between the actual cost incurred for an activity and the expected cost, based on the budgeted or standard amount.
Direct Labor
The wages paid to workers who are directly involved in the production of goods or the provision of services.
Units
Units typically refer to the individual items or quantities of a product or service produced or sold by a business.
Activity Variance
The difference between what was planned in terms of activity levels or costs and what was actually achieved.
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