Multiple Choice
When considering the significance of cost variances, managers should not consider
A) relative size of the variances.
B) recurring variances.
C) the trends of the variances.
D) favourable or unfavourable status of the variances.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: A standard that assumes a production process
Q30: Cultco Company Ltd has set the following
Q31: The following data relates to QA firm.<br>Cost
Q32: Companies sometimes develop standards based on historical
Q33: If Company XYZ purchased 30 000 kg
Q35: In which of the following circumstances would
Q36: A company using a standard costing system
Q37: In a standard costing system all inventories
Q38: Cultco Company Ltd has set the following
Q39: A firm's purchasing manager bought poor quality