Solved

Match the Following Descriptions with the Term (A-E) It Describes

Question 162

Matching

Match the following descriptions with the term (a-e) it describes:

Premises:
theoretical standard
actual cost
actual cost > standard cost at actual volumes
an example is the number of customer complaints
normal standard
Responses:
Ideal standard
Currently attainable standard
Favorable cost variance
Unfavorable cost variance
Nonfinancial performance measure

Correct Answer:

theoretical standard
actual cost
actual cost > standard cost at actual volumes
an example is the number of customer complaints
normal standard
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