An unfavorable materials quantity variance indicates that:
A. standard material allowed for output exceeds the actual usage of material.
B. standard material price exceeds actual price.
C. actual material price exceeds standard price.
D. actual usage of material exceeds the standard material allowed for output.
Answer: D
You might also like to view...
Begin Anew Enterprise, Inc., completes its registration process and issues a free-writing prospectus. This tells prospective investors
A. about investing freely. B. how to write their own prospectus. C. that they can "freely write their own ticket" to buy Begin's securities. D. that they may obtain the prospectus at the SEC's Web site.
Accounting practices and procedures used to prepare financial statements are called ________
A) SEC B) IFRS C) GAAP D) IRB
The FOREIGN KEY constraint is usually placed on the "one" side of a one-to-many relationship. _________________________
Indicate whether the statement is true or false
Increasing the sample size when calculating a confidence interval while keeping the confidence level constant will
A) reduce the margin of error resulting in a wider (less precise) confidence interval. B) increase the margin of error resulting in a narrower (more precise) confidence interval. C) reduce the margin of error resulting in a narrower (more precise) confidence interval. D) increase the margin of error resulting in a wider (more precise) confidence interval.