Multiple Choice
Acme Corporation has a sales goal of $500,000 for the coming year.Based on this level of activity,Acme budgets its total expenses at $450,000.Actual sales are $480,000 and actual costs are $460,000.Acme Corporation's operations were
A) both efficient and effective.
B) neither efficient nor effective.
C) efficient but not effective.
D) effective but not efficient.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Clarkson Company The following information is provided
Q20: If a discretionary cost can be treated
Q33: An effective control system functions before,during,and after
Q39: Which of the following is not a
Q47: The use of options and forward contracts
Q54: Having sufficient cash to pay liabilities as
Q65: A variance represents the difference between a
Q70: How does strategic staffing fit in with
Q76: What factors make discretionary costs difficult to
Q88: A coefficient of determination has a value