Question
Difference between standard cost and actual cost is
called as:Solution
The difference between standard cost and actual cost is termed as variance. Variance represents the deviation between the expected (standard) costs and the actual costs incurred in production or other business activities. It is used to analyze performance, identify areas of improvement, and take corrective actions.
Software whose source code is available to users for modification and improvement is known as _______.
Who was the first scientist to be awarded two Nobel Prizes?
The Nobel Prize is awarded in how many categories?
The Ministry of Youth and Sports (MoYAS) has recently renamed the Major Dhyan Chand Lifetime Achievement Award to which new name?
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Appan Menon Award is given in the field of _____
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Who won the Nobel Prize in 1901 for their work in chemical dynamics and osmotic pressure?
Which Article of Indian Constitution describe the formation of New State and Alteration in Boundaries?