McAfee Announced the Detection of Electronic Spying by a Foreign

question 90

Multiple Choice

McAfee announced the detection of electronic spying by a foreign nation on the International Olympic Committee before the Olympics.This is part of the ____ environment of the IOC.

• A) legal
• B) sociocultural
• C) technological
• D) political
• E) economic

---

Definitions:

Favorable Spending Variance

A situation in which actual spending is less than the budgeted or projected amount, indicating cost efficiency.

Actual Cost

The real cost incurred in the production of goods or services, including all direct and indirect expenses.

Static Planning Budget

A budget based on a single level of activity, not adjusted for changes in activity levels during the period.

Static Planning Budget

A budget prepared for a single level of activity, not adjusting for changes in volume or activity.