401k plans are retirement plans established to accept employee contributions

Indicate whether the statement is true or false

TRUE

Business

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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

Business

A ________ process recognizes the value of returning to an earlier stage to make improvements before moving forward

A) spiral development B) reactive development C) market testing D) proactive development E) concept testing

Business