Diversified firms that are exploiting core competencies as an economy of scope but are not doing so with any shared activities are sometimes called ________ diversified firms

Which of the following is the correct formula for measuring the efficiency variance?

A) Efficiency Variance = (Actual Quantity + Standard Quantity) - Standard Cost B) Efficiency Variance = (Actual Quantity x Standard Quantity) / Standard Cost C) Efficiency Variance = (Actual Quantity / Standard Quantity) x Standard Cost D) Efficiency Variance = (Actual Quantity - Standard Quantity) x Standard Cost

As of 2004, a short-term capital gain referred to investments

A) made involving small companies. B) not taxed as ordinary income. C) held less than 18 months. D) in foreign companies. E) involving real estate.