Which of the Following Is False

question 74

Multiple Choice

Which of the following is false?

• A)The total overhead budget variance relates primarily to fixed overhead costs.
• B)The fixed overhead volume variance relates only to fixed overhead costs.
• C)If production exceeds normal capacity, the overhead volume variance will be favourable.
• D)A two-variance analysis of overhead consists of a spending variance and a volume variance.

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Definitions:

Smokestack

A large, tall chimney through which combustion gases and smoke are discharged, commonly seen in industrial plants and ships.

Persistence

The ability of a substance to remain in the environment for a long time without breaking down.

Chemical Nature

The inherent characteristics, composition, and properties of a substance or material at the atomic or molecular level.

Concentration

Concentration refers to the measure of the amount of a given substance within a specified volume or unit of another substance.