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.
Answer: c. a price variance and an efficiency variance.
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A) industrial distributor B) full-service wholesaler C) cash-and-carry wholesaler D) wholesale merchant E) limited-service wholesaler
Some international firms spend much time in college recruiting because
a. they are looking for candidates who already have such qualifications as language proficiency and overseas experience. b. they are looking for young, naive individuals who are less likely to experience stress when leaving their home country. c. college students are more likely to have characteristics such as adaptability, flexibility and empathy than older persons. d. students lack negative experiences that would influence their decisions about going abroad for business.