A Favorable Variance Is a Variance That

question 192

Multiple Choice

A favorable variance is a variance that

• A)increases costs relative to the budgeted amount.
• B)decreases cash relative to the budgeted amount.
• C)increases operating income relative to the budgeted amount.
• D)decreases operating income relative to the budgeted amount.

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Definitions:

Astrocytes

Star-shaped glial cells in the brain and spinal cord, involved in repair and scarring processes of the brain and spinal cord following traumatic injuries.

Mitochondrion

A cell organelle that generates most of the cell's supply of adenosine triphosphate (ATP), used as a source of chemical energy.

Nucleus

A membrane-bound organelle in eukaryotic cells that contains most of the cell's genetic material, organized as multiple long linear DNA molecules in complex with a large variety of proteins.

Golgi Body

An organelle within eukaryotic cells that modifies, sorts, and packages proteins and lipids for transport out of the cell.