An Unfavourable Labour Efficiency Variance Indicates That

question 82

Multiple Choice

An unfavourable labour efficiency variance indicates that

• A) standard hours exceed actual hours.
• B) actual hours exceed standard hours.
• C) standard rate times standard hours exceeds actual rate times actual hours.
• D) actual rate exceeds standard rate.

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Definitions:

Motivated

Having the desire or willingness to do something; driven by internal or external factors.

Confidence

A feeling of self-assurance arising from an appreciation of one's own abilities or qualities.

Free Will

The concept that humans have the capacity to make choices that are not pre-determined by past events, genetics, or current environmental factors.

Detrimental

Causing harm or damage; often used to describe actions or conditions that negatively affect one's health, well-being, or success.