Scenario - Layla Fox

question 132

Multiple Choice

Scenario - Layla Fox
Layla Fox is a creative, imaginative, artistically sensitive individual who loves to take on new opportunities. She is a successful manager who believes that she makes her own destiny through hard work and listening to people. Her personal problem solving style is intuitive-thinking.
-Which of these occupations would Layla most likely succeed in based on her problem solving style?

• A) Counseling
• B) Advertising
• C) Teaching business
• D) Engineering
• E) Politics

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Definitions:

Unfavorable Variance

A situation where actual costs exceed budgeted or expected costs.

Efficiency Variance

The difference between the actual input used in production and the standard input that was expected to be used.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a category or period, indicating over or underspending.

Quantity Variance

The difference between the actual quantity of materials or labor used in production and the expected (or standard) quantity.