In a Standard Cost Variance Report

Multiple Choice

In a standard cost variance report,

A) the largest unfavourable variance is the one that will impact on the company the most.
B) the largest positive variance can be scanned and cleared the quickest.
C) the trend or pattern of variances on a period-to-period basis should be monitored.
D) management must set predetermined variance limits that will dictate what variances must be investigated.