Identify Which of the Statements Below Is Not a Reason

question 38

Multiple Choice

Identify which of the statements below is not a reason why actual results would differ from those projected in the master budget.

• A) Actual sales volume differed from projected sales volume.
• B) Actual fixed costs were different than expected.
• C) Current period projected sales volume differed from the prior period projection.
• D) Variable costs per unit differed from expected amounts.

---

Definitions:

Condorcet Paradox

A situation in social choice theory where collective preferences can be cyclic (not transitive) despite the transitive preferences of individual voters.

Majority Rule

A decision-making principle where the preferences or decisions supported by more than half of the participants are adopted.

Transitive Preferences

A condition in decision-making where if an individual prefers option A over option B and prefers option B over option C, then the individual also prefers option A over option C.

Median voter theorem

A theory suggesting that the outcome of a majority rule voting system will represent the preferences of the median voter.