A favorable variance is not necessarily good, and an unfavorable variance is not necessarily bad.
Answer the following statement true (T) or false (F)
True
The labels "favorable" and "unfavorable" should not be considered as indications of good or bad performance without further investigation.
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The Merchant Company issued 10-year bonds on January 1 . The 15% bonds have a face value of $100,000 andpay interest every January 1 and July 1 . The bonds were sold for $117,205 based on the market interest rate of12%. Merchant uses the effective interest method to amortize bond discounts and premiums. On July 1 of the firstyear, Merchant should record interest expense (round to the nearest
dollar) of a. $7,032 b. $7,500 c. $8,790 d. $14,065
Briefly explain McClelland's acquired needs theory. How should managers use this model to motivate employees? What do you think your levels are of the needs that McClelland identified, and why do you think that?
What will be an ideal response?
There are no criminal sanctions associated with violations of the Securities Act of 1933
Indicate whether the statement is true or false
In Guz v. Bechtel National, where Guz was fired after many years of good work at Bechtel, the California supreme court held that his tenure at the company did not affect the right of the company to dismiss him without good cause
a. True b. False Indicate whether the statement is true or false