A(n)________ Is a Company-Provided Benefit Designed to Help Reduce Workplace

question 123

Multiple Choice

A(n) ________ is a company-provided benefit designed to help reduce workplace problems such as alcoholism,drug addiction,a gambling habit,and other conflicts and to deal with them when they arise.

• A)employee assistance program (EAP)
• B)substance abuse policy
• C)drug testing program
• D)employee education program

---

Definitions:

Direct Material

Primary materials used in the making of a product that can be directly traced to the finished good.

Materials Price Variance

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

Labor Efficiency Variance

A measure used to assess the difference between the actual hours worked and the standard hours allotted to complete a task, multiplied by the standard hourly labor rate.

Variable Overhead

Refers to the indirect costs of operation that fluctuate with the level of production activity, such as utilities for manufacturing facilities.