Rients Corporation Is a Service Company That Measures Its Output

question 291

Multiple Choice

Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.The revenue variance in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget for October would have been closest to:

• A) $23,000 U
• B) $23,000 F
• C) $2,500 F
• D) $2,500 U

Acknowledge the elements involved in the planning phase of the three-step writing process for reports.

Identify the benefits of using the three-step writing process for report creation.

Understand the role and creation of executive dashboards.

Grasp the importance of compliance reports in specific sectors.

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Definitions:

Organizational Climate

The overall atmosphere, culture, and quality of the work environment as perceived by employees within an organization.

Safe Behaviors

Actions and practices that individuals and organizations follow to prevent accidents and injuries in the workplace.

Employee Assistance Program

A work-based intervention program designed to assist employees in resolving personal problems that may affect their job performance.

Health Insurance

A type of insurance that covers the whole or part of the risk of a person incurring medical expenses.