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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