Top Management's Reaction to a Difference Between Budgeted and Actual

question 32

Multiple Choice

Top management's reaction to a difference between budgeted and actual sales often depends on

• A) whether the difference is favorable or unfavorable.
• B) whether management anticipated the difference.
• C) the materiality of the difference.
• D) the personality of the top managers.

---

Definitions:

Lecturing

The act of giving an educational speech or presentation to an audience, typically in a formal academic setting.

Teaching Schedule

A planned timetable that outlines the times and dates of teaching sessions, including the content to be covered in each session.

ICU

Intensive Care Unit; a specialized department in hospitals that provides comprehensive and constant care for patients with life-threatening conditions.

Implementation

The process of putting a decision or plan into effect; execution.