By Convention, Short-Term Financial Control Is Accomplished by All the Following

Multiple Choice

By convention, short-term financial control is accomplished by all the following except:

A) Comparing actual to budgeted financial results.
B) Calculating a series of cost and revenue variances at the end of the period.
C) The use of flexible budgets and standard costs.
D) Explaining the total operating-income variance for a given period.
E) The use of productivity analysis.