Multiple Choice
Which of the following would create an unfavorable price variance beyond the control of the manager?
A) An increase in demand and/or reduction in supply of an input
B) Unnecessary use of overtime
C) An increase in the number of activities, i.e., test or procedures ordered
D) An increase in the number of activities, i.e., tests and procedures that must be redone due to errors
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A price variance examines the difference between<br>A)
Q2: To avoid going over budget, managers postpone
Q3: Performance improvement requires that only unfavorable variances
Q4: A cost variance includes the impact of
Q5: The total variance must always equal the
Q7: An increase in the time necessary to
Q8: Over-production would create an unfavorable and non-controllable
Q9: The variance that examines the difference between
Q10: Managers should be credited or praised when<br>A)
Q11: The formula for the volume variance is<br>A)