There are several reasons why actual results differ from standards. Which of the following does not represent a reason why a variance might occur?
A. Standards which do not reflect the current economic conditions.
B. Inaccurate information from the accounting system.
C. Increasing the accuracy of a variance report by decreasing its timeliness.
D. Operating conditions that are consistently inefficient.
Answer: C
You might also like to view...
How is this handbag being positioned and differentiated from other handbags similar in manufacturing and look?
A) The handbag is being positioned on price. B) The handbag is being positioned on exclusivity. C) The handbag is being positioned on convenience. D) The handbag is being positioned on design. E) The handbag is being positioned on versatility.
Which of the following statements describes a potential problem associated with indirect headlines in print ads?
A. They generate curiosity in readers, which takes attention away from the message. B. They are often treated as subheads. C. They avoid the use of questions or provocations. D. They may not be provocative enough to direct a reader's attention to the rest of the message. E. They avoid the use of how-to statements.
What is a financing statement? What is its significance in perfecting a security interest?
What will be an ideal response?
Nonverbal messages can be dismissed since they do not contribute to verbal messages
Indicate whether the statement is true or false