Use the Following Information for the Next 5 Questions

question 4

Multiple Choice

Use the following information for the next 5 questions.
At the end of 20x1, SWP Corporation prepared its master budget for 20x2. Selected amounts from that budget, along with actual results for 20x2, are presented below:
-Which items in the table have favorable variances?

• A) Sales and marketing expense
• B) Cost of goods sold and sales
• C) Sales and research and development expense
• D) Sales and interest revenue

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Definitions:

Historical Context

The background information or circumstances surrounding an event or era that help in understanding its implications.

Resource Allocation

The strategic distribution of resources among competing groups or projects to maximize efficiency and achieve desired outcomes.

Personal Growth

The process of improving oneself, including one's skills, knowledge, and personal qualities.

Personal Loss

The experience of losing something significant to one's life, such as a loved one, a job, or an important possession, leading to emotional pain.