Which of the Following Statements Is FALSE

question 19

Multiple Choice

Which of the following statements is FALSE?

• A)The overhead volume variance indicates whether plant facilities were used efficiently during the period.
• B)The costs that cause the overhead volume variance are usually controllable costs.
• C)The overhead volume variance relates solely to fixed costs.
• D)The overhead volume variance is favourable if standard hours allowed for output are greater than the standard hours at normal capacity.

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Definitions:

Herbicide-Resistant

Refers to plants that have developed the ability to survive applications of herbicides meant to kill them.

Fertilizer

A chemical or natural substance added to soil or land to increase its fertility and promote plant growth.

Cropland

Land that is used for or suitable for the cultivation of crops for agriculture.