Which of the Following Would Cause a Variance to Be

question 6

Multiple Choice

Which of the following would cause a variance to be unfavorable?

• A)The actual price is less than the standard price.
• B)The standard hours allowed are less than the actual hours worked.
• C)The overhead costs incurred are less than the flexible budget amount.
• D)All of these answer choices are correct.

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Definitions:

Showrooming

The consumer practice of examining products in a brick-and-mortar retail store without purchasing them there, then buying the product online at a lower price.

Consumer Electronics

Electrical devices intended for everyday use by individuals, such as smartphones, televisions, and laptops.

Cross-channel Shopping

The behavior of consumers who research products, compare prices, and make purchases across multiple retail channels, including online and offline.

Auction Site

A website where goods or services are sold to the highest bidder through a competitive bidding process.