A spending variance is made up of:
A. price variance and quantity variance.
B. price variance and volume variance.
C. volume variance and quantity variance.
D. price variance and rate variance.
Answer: A
You might also like to view...
Answer the following statements true (T) or false (F)
1. A theory must have all five criteria for evaluating theory in order to be labeled “good.” 2. Some definitions of communication suggest that only messages sent consciously and purposely count as communication. 3. Appropriateness and effectiveness are both necessary to be a competent communicator. 4. Accuracy suggests that the best theories correctly summarize the way communication actually works. 5. Acuity refers to the ability of a theory to be easily understood.
A product should be processed further if no additional fixed costs are incurred in its processing.
Answer the following statement true (T) or false (F)
Over the 20-year period of 1980-2000, the composite dividend yield of public U.S. nonfinancial firms has generally:
a. increased. b. decreased. c. remained.
The retail card and gift shop chain that Bria started has since been incorporated. Which of the following best describes the limited liability that Bria has as the primary stockholder in this corporation?
A. Bria has no responsibility if the business fails and will still be able to get her initial investment back. B. Bria may have to give up her car and house if the corporation fails in order to cover the debts of the corporation. C. The other stockholders will be able to seize Bria's personal money but not her primary residence in the event that the business fails. D. Bria's personal assets will be protected in the event that the corporation fails, although she could lose her entire investment. E. Bria will only be liable for losses that develop from decisions she made about the daily business operations.