To Create an Effective Business Writing Style, It Is a Good

question 12

Multiple Choice

To create an effective business writing style, it is a good idea to ________.

• A) adapt a personal and familiar tone, like you are old friends
• B) simplify your language
• C) use humour
• D) all of the above

Understand the concept of spending variance and how to calculate it for different categories (manufacturing overhead, refurbishing materials, other expenses, equipment depreciation, supplies costs, occupancy costs, employee salaries and wages, facility expenses, travel expenses, power cost, and medical supplies).

Identify and calculate the revenue variance for different months.

Calculate and analyze the variance for net operating income comparing actual results to the flexible budget for various months.

Understand the difference between favorable and unfavorable variances and their implications on budget performance.

---

Definitions:

Laissez Faire

An economic philosophy advocating minimal governmental intervention in the market and the private sector.

Capitalism

An economic system characterized by private or corporate ownership of goods and services, intended for profit.

Justice Theorist

An individual who studies or develops concepts related to justice, focusing on its application in society, law, or morality.

Society's Benefits

The advantages or positive outcomes that accrue to the general public or community from certain actions, policies, or programs.