Where There Is a Significant Favourable Variance, Management Is Best

question 30

Multiple Choice

Where there is a significant favourable variance, management is best advised to:

• A) ignore it because it does not cause immediate concern.
• B) investigate because it may mean that targets are unrealistically low.
• C) investigate it to find out why things are not going according to plan.
• D) B and C

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Definitions:

Significant Improvements

Refers to notable or considerable enhancements or upgrades in processes, products, or systems.

Federal Law

Legislation enacted by the national government that applies throughout the country.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.

Workplace

A location or environment where people are employed and perform their jobs.