The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.
<h3>What is the objective of variance?</h3>
Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.
To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.
Therefore, the statement is True.
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Answer:
The correct answer is letter "B": has a physical trading floor.
Explanation:
An auction market is one where buyers and sellers simultaneously offer reasonable bids. The price of the asset being traded is the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Even with the spread of technology, some auctions can be done online. Though, the auction always has a trading floor.
Answer:
Loans, Credit cards
Explanation:
If you don't pay your credit card on time, they will charge you a late fee. If you take out a loan, they make you pay back the money you took out and a percent of that amount for interest.
Answer:
It is an indicator of efficiency
Explanation:
A Country's employment rate indicates how much population is producing, therefore the jobless claims is an indicator tat shows how efficient is the economy.
As one of the key management functions, leading focuses on a manager's efforts to: e (all of the above).
Hope I helped you :).
