Computerised Data Analysis Software Packages Are Particularly Helpful With

question 19

Multiple Choice

Computerised data analysis software packages are particularly helpful with:

• A) Decisions around methodology.
• B) Decisions around data gathering methods.
• C) Managing data and data analysis.
• D) Managing fieldwork.

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Definitions:

Revenue and Spending Variance

The difference between the expected (budgeted) and actual amounts of revenue and expenses.

Flexible Budget Performance Report

A financial report that compares actual operating results to budgeted amounts adjusted for actual activity levels.

Activity Variance

The difference between the planned budget of an activity and the actual expenses incurred.

Net Operating Income

The earnings derived from the primary activities of a business before the subtraction of any taxes and interest charges.