Explain how favorable and unfavorable variances impact income.

What will be an ideal response?


Favorable variances contribute to a higher income. Unfavorable variances contribute to lower income.

Business

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Which is an example of visual esperanto?

A) showing a shared family moment B) using a decorative model C) tailoring ad copy to a particular region D) a visual portrayal of key statistics supporting a product's main benefits

Business

Consolidating purchases to achieve volume discounts is a sourcing strategy of ______.

A. bottleneck purchases B. noncritical purchases C. leveraged purchases D. strategic purchases

Business

Decision trees are typically analyzed from right to left

Indicate whether the statement is true or false

Business

Melvin and Neil run a pawnshop in their neighborhood. They offer loans to individuals in exchange forpersonal items of higher or equal value, which are used as collateral. If an individual is unable to repay the loan, Melvin and Neil then sell these items at higher rates. In this scenario, Melvin and Neil's pawnshop is an example of a _____.

A. subsidy B. nonprofit organization C. business D. charity

Business