Cody Opened a Presentation Named October Sales

question 88

Multiple Choice

Cody opened a presentation named October Sales. Then he saved the October Sales presentation with the new name November Sales. What happened to the October Sales presentation?

• A) Nothing; the October Sales presentation is still available.
• B) The October Sales presentation was replaced with the November Sales presentation and is no longer available.
• C) The October Sales presentation is still open and will display any changes Cody makes to the November Sales presentation.
• D) The October Sales presentation is still available, but Cody can no longer make changes to it.

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Definitions:

Unfavorable Variance

A situation where actual costs exceed budgeted or expected costs, often indicating poorer than expected financial performance.

Actual Costs

The real costs incurred for materials, labor, and overhead in producing goods or delivering services, as opposed to estimated costs.

Standard Costs

Estimated pre-determined costs used for budgeting and measuring performance.

Standard Direct Labor Rate

The predetermined cost per hour for labor directly involved in manufacturing a product or delivering a service.