Which of the Following Is an Advantage of E-Business

question 10

Multiple Choice

Which of the following is an advantage of e-business?

• A)lower cost of production
• B)easy availability of technology
• C)convenience in conducting business worldwide
• D)increased availability of information

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Definitions:

Variable Overhead Spending Variance

The difference between the actual variable overheads incurred and the standard costs expected for the actual production level achieved.

Unfavorable

A term describing a situation or outcome that is negative or disadvantageous, often used in financial contexts.

Favorable

A term used in accounting and finance to describe results or variances that are better than expected or budgeted, indicating positive performance.

Variance Analysis

The process of analyzing the differences between budgeted and actual financial performance.