Which of the Following Is True of a Floating Graphic

question 46

Multiple Choice

Which of the following is true of a floating graphic?

• A) A text wrapping style is applied to it.
• B) It can be moved like text.
• C) It does not have sizing handles.
• D) It can be moved anywhere on a page.

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Definitions:

Direct Material Price Variance

Direct material price variance measures the difference between the actual cost of direct materials and the expected (or standard) cost, indicating how well a company manages its material costs.

Actual Price

The real or transacted price of a good, service, or asset, usually the amount of money exchanged in the sale.

Standard Price

A predetermined price established by a company for a product or service, used for budgeting and cost control purposes.

Unfavourable Variances

Unfavourable Variances are cost or revenue variances that indicate a business is performing worse than its budgeted or planned figures.