Which One of the Following Statements Is True

question 34

Multiple Choice

Which one of the following statements is true?

• A) If the materials price variance is unfavorable then the materials quantity variance must also be unfavorable.
• B) If the materials price variance is unfavorable then the materials quantity variance must be favorable.
• C) Price and quantity variances move in the same direction. If one is favorable the others will be as well.
• D) There is no correlation of favorable or unfavorable for price and quantity variances.

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Definitions:

Childhood Development

The study of the psychological, emotional, and physical changes that occur in children from birth through early adulthood.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning and interactions with the environment.

Learning Principles

Fundamental guidelines that describe how individuals gain, modify, and reinforce knowledge or behaviors.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, and values.