Ted, a Supervisor for Jack's Pool Supplies, Was Accused of Stealing

question 20

Multiple Choice

Ted, a supervisor for Jack's Pool Supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. Given Ted's good track record, he was not fired immediately. The authorities decided to give him an administrative leave, without pay, until the investigation was complete. Considering the given information, it would be most appropriate to say that Ted was

• A) demoted.
• B) discharged.
• C) suspended.
• D) dismissed.

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Definitions:

Unfavorable

A term used to describe outcomes or variances that negatively impact financial performance or expectations.

Unfavorable Variances

Occurrences when actual costs exceed budgeted or expected costs, indicating a potential need for management action to address inefficiencies.

Favorable Variances

Differences between actual and budgeted amounts that result in more profit or less cost than originally planned.

Income

Money received, especially on a regular basis, for work, through investments, or from business activities.