Which of the following can be a reason for a favorable price variance for direct materials?
A) a decrease in the price of materials due to an oversupply of materials
B) an unexpected increase in the price of materials
C) less amount of material used during production than planned for actual output
D) workers taking less time to produce the products
Answer: A
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A(n) ______-anchored rating scale is a type of appraisal that rates employee gradations in performance according to scales of specific behaviors.
Fill in the blank(s) with the appropriate word(s).
A beneficiary receives the proceeds from a life insurance policy in a lump-sum payment. Which of the following statements best explains how the proceeds will be treated in relation to the debts of the beneficiary?
A) It is protected from the beneficiary's creditors once it is paid to a beneficiary. B) It can be subject to the beneficiary's debts and creditors. C) It is protected from the beneficiary's creditors as long as it is paid in a lump sum. D) It is not subject to the beneficiary's debts and creditors."