Multiple Choice
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) Inaccurate information from the accounting system
B) Increasing the accuracy of a variance report by decreasing its timeliness
C) Standards which do not reflect the current economic conditions
D) Operating conditions that are consistently inefficient
E) Event or transaction that is unexpected and infrequent
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Is the materials mix variance favorable or
Q56: The basic variance analysis framework used for
Q64: What was the total actual cost of
Q65: What is the sales activity variance for
Q67: The Wilbur Company gathered the following information
Q68: The computation of the material yield variance
Q70: If raw materials are carried in the
Q71: What is the total sales mix variance?<br>A)$12,478.00<br>B)$20,815.00<br>C)$33,915.00<br>D)$40,553.50
Q73: Is the sales activity variance for the
Q82: Which of the following statements is(are)false?<br> (A)All