Which of the Following Statements Is Not True

question 63

Multiple Choice

Which of the following statements is not True?

• A) In 2014, the top three search engines generated almost four times as much U.S. search and display advertising revenue than that generated by social network sites.
• B) Among social networks, Twitter generates the highest amount of advertising revenue.
• C) The most popular social network tool for large corporate businesses is LinkedIn.
• D) The number of Fortune 500 business firms using Pinterest rose to over 35% in 2014.

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Definitions:

Standard Cost

Predetermined costs for manufacturing or service processes, used as benchmarks for performance evaluation.

Variance Investigation

The process of examining the reasons behind differences between budgeted and actual figures in finance and accounting.

Direct Material Quantity Variance

The difference between the budgeted amount of materials needed for production and the actual amount used, valued at the standard cost.

Cost Standards

Benchmarks or predetermined costs relating to the production of goods or services, serving as a yardstick for measuring actual performance against expected costs.