Which One of the Statements Below Is Correct Concerning the Comparison

question 117

Multiple Choice

Which one of the statements below is correct concerning the comparison of differences between actual and planned results?

• A)The difference must be reported on external financial statements.
• B)The differences always require investigation.
• C)It reflects information from the static budget.
• D)It enables managers to take corrective action when differences are material.

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Definitions:

Morphemes

The smallest units of meaning in a language.

Mental Abilities

Cognitive capacities or skills that enable individuals to learn, remember, solve problems, and process information.

Babbling

Repetitive vocalizations made by infants, comprising sounds and syllables, marking the beginning of speech development.

Schemes

In cognitive development, organized patterns of behavior or thought that children use to interact with and understand their environment.