All of the Following Are Possible Explanations for a Significant

question 78

Multiple Choice

All of the following are possible explanations for a significant unfavorable material efficiency variance except:

• A) Cutbacks in preventive maintenance.
• B) An inadequately trained and supervised labor force.
• C) A large number of rush orders.
• D) Production of more units than planned for in the master budget.

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Definitions:

Federalism

A political system where power is divided between a central government and various regional governments.

Profit-Sharing Plan

A company program that gives employees a share in the profits based on its quarterly or annual earnings.

Employee Morale

The overall outlook, satisfaction, and confidence that employees feel towards their workplace.

Incentive Plan

A program designed to motivate and reward employees for meeting or exceeding performance and productivity targets.