When news articles report on household income level they usually report the median income, rather than the mean income. This would be because income is usually a right-skewed distribution

Long-term orientation:

a. is often marked by persistence, thrift, and frugality. b. values immediate results. c. places greater emphasis on reciprocation of greetings and rewards. d. gives importance to personal representation and honor. e. separates the individual from the family.

Cavalaris Products uses a standard cost system

Overhead costs are allocated based on direct labor hours. In the first quarter, Cavalaris had an unfavorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance? A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.