The Amount of Overhead Applied to Jobs Using a Predetermined

question 40

Multiple Choice

The amount of overhead applied to jobs using a predetermined (budgeted) rate is rarely equal to the actual cost of overhead incurred for a period. Which of the following is not a valid explanation for this?

• A) Actual spending for overhead is not equal to budgeted spending for overhead.
• B) Actual use of the overhead allocation base is not equal to the budgeted use of the allocation base.
• C) Budget estimates of overhead were unrealistically low.
• D) Direct costs were unexpectedly high.

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Definitions:

Elderspeak

A condescending way of speaking to older adults that resembles baby talk, with simple and short sentences, exaggerated emphasis, repetition, and a slower rate and a higher pitch than used in normal speech.

Older Adult

An individual who is typically aged 65 years or older, entering the later stages of life.

Old-old

A demographic term typically used to describe individuals aged 85 years and older, often characterized by increased health and care needs.

Young-old

Refers to adults typically aged 65 to 74, who are considered to be in the younger segment of the elderly population, often marked by active engagement in life activities.