Consider the following statements about variance investigation: Variance investigation involves a look at only unfavorable variances.
Variance investigation is typically based on a cost-benefit analysis.
Variance investigation is often performed by establishing guidelines similar to the following: Investigate variances that are greater than $X or greater than Y% of standard cost.
Which of the above statements is (are) true?
A. I only.
B. II and III.
C. II only.
D. I, II, and III.
E. III only.
Answer: B
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The management at a pesticide manufacturing company has observed a decline in quality measures. The managers ask Lori, the firm's HR manager, to investigate whether training might solve the problem. Lori conducts needs assessment and recommends a training plan. Which observation will Lori most likely find in her person analysis?
A. Employees of the firm's production department lack clarity in decisions regarding quality standards for manufacturing. B. Machinery and other production equipment in the firm's plant pose a hazard to the employees operating them. C. Training programs offered by the firm lack specific goals and methods for measuring their success. D. The goals of the firm are more focused on the specific needs of a narrow market segment. E. The firm's budget for training has declined from the year before.
In Malaysia and Saudi Arabia, it is common to see that restaurants have signs declaring that all food is "Halal." It is common that courts handle marriages, divorces, distribution of family assets, and business practices by the "Sharia"
What are these tenets and how do they have an impact on international business?
Which of the following statements is not true?
a. In a typical two-tier client server system, the server handles both application and database duties. b. Client computers are responsible for presenting data to the user and passing user input back to the server. c. In three-tier client server architecture, one tier is for user presentations, one is for database and applications, and the third is for Internet access. d. The database and application functions are separate in the three-tier model.
Allman, Inc, enters into a call option contract with Betts Investment Co on January 2, 2014 . This contract gives Allman the option to purchase 1,000 shares of Upmann stock at $100 per share. The option expires on April 30, 2014 . Upmann shares are trading at $100 per share on January 2, 2014, at which time Allman pays $200 for the call option. Using the information above, the call option would
be recorded in the accounts of Allman as a. an asset. b. a liability. c. a gain. d. would not be recorded in the accounts (memorandum entry only).