1. In using variance reports to evaluate cost control, management normally looks into: – Q/A (Question and Answer)
Question
1. In using variance reports to evaluate cost control, management normally looks into: – Q/A (Question and Answer)
Test Answer
a. Unfavorable variances only. b. Both favorable and unfavorable variances that exceed the predetermined quantitative measures (i.e.: percentage or $$$ amount) c. Favorable variances only. d. All variances.
Answer:
B
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