Which of the following variances will always be favorable when actual sales exceed budgeted sales?
A. Variable cost
B. Operating profit
C. Fixed cost
D. Sales activity
Answer: D
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A magazine breaking down its readership by age, income, and marital status is using
A) demographic factors. B) psychographic data. C) behavioral statistics. D) connector evaluations. E) production concept principles.
Managers who believe Theory X assume that workers are basically:
a. nice, friendly people b. lazy, irresponsible, and incapable of taking initiative or making decisions c. driven by X-factors: 10 principles of intrinsic motivation d. motivated but uninformed about modern management theories
The ________ is the person who seems to provide an intuitive frame of reference for judging equity.
A. equity resolver B. goals monitor C. cognitive distortion creator D. comparison other E. outcome evaluator
The PRAM model for risk management proposes that risk management follow a life cycle much as projects follow a life cycle
Indicate whether the statement is true or false