Which of the Following Is NOT a Characteristic of Good

question 10

Multiple Choice

Which of the following is NOT a characteristic of good business communication?

• A)Concise
• B)Casual
• C)Clear
• D)Comprehensive

Realize the method to calculate the rate variance for variable manufacturing overhead costs.

Acquaint with the principle of standard costing system and its application to direct materials and labor.

Understand the impact of activity levels on budget variances and efficiency.

Learn the process of evaluating performance through variance analysis of manufacturing overhead.

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Definitions:

Balance Sheet

An accounting report that presents the value of a corporation's assets, obligations, and equity of its investors as of a particular moment.

Operating Activities

Activities that involve the primary operations of a company, such as selling products and providing services.

Statement Of Cash Flows

A financial statement that provides a summary of a company's cash inflows and outflows over a specific period.

Direct Method

A way of preparing the cash flow statement where actual cash flow information from the company's operations is used, rather than accrual accounting values.