Which of the Following Statements Is Not True

question 15

Multiple Choice

Which of the following statements is not true?

• A) If actual sales are greater than budgeted sales, the result is a favorable variance.
• B) If actual cost is greater than budgeted cost, the result is an unfavorable variance.
• C) If budgeted sales are greater than actual sales, the result is an unfavorable variance.
• D) If budgeted cost is greater than actual cost, the result is an unfavorable variance.
• E) If actual cost is less than budgeted cost, the result is an favorable variance.

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Definitions:

Identity Theft

The process by which someone uses personal information about someone else (such as the victim’s name, address, and Social Security number) to assume the victim’s identity for the purpose of defrauding another.

2-Factor Authentication

An additional security layer requiring two types of identification from the user before granting access to their account or device.

Hacker

An individual skilled in exploiting weaknesses in computer systems or networks for various purposes, which could range from malicious attacks to ethical hacking.

Identity Theft

The fraudulent acquisition and use of a person's private identifying information, usually for financial gain.