If a Company Spent Less Than Predicted or Spent an Amount

question 47

Multiple Choice

If a company spent less than predicted or spent an amount smaller than was budgeted, then it incurred a(an) :

• A) positive variance.
• B) negative variance.
• C) equal variance.
• D) fixed variance.

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Definitions:

Middle Term

In a syllogism, the term that appears in both premises but not in the conclusion, serving as a link between them.

Shakespeare's Dramas

The theatrical works produced by William Shakespeare, noted for their profound exploration of human nature and society.

Blank Verse

A form of poetry that typically consists of unrhymed lines in iambic pentameter, notable for its use in English dramatic and epic poetry.

Letters

Characters or symbols used in written language to represent sounds or to form words.