There Are Several Reasons Why Actual Results Differ from Standards

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.