Life insurance is an indication of good financial planning, since it provides a payment to the policyholder upon his or her death

The flexible budget variance for direct cost inputs can be further subdivided into

a. a static-budget variance and a sales-volume variance. b. a sales-volume variance and an efficiency variance. c. a price variance and an efficiency variance. d. a static-budget variance and a price variance.

Which of the following is true of union security agreements?

A) Under a closed shop agreement, an employer hires workers who are not part of any union. B) Under an agency shop agreement, an employer only hires workers who agree to not join any union. C) An employee hired under a union shop agreement is represented by more than one union. D) Dues checkoff refers to the deduction of union dues and agency fees from employees' wages.