The PRIMARY Reason for Using Cost Variances Is

question 82

Multiple Choice

The PRIMARY reason for using cost variances is:

• A)that they diagnose the cause of a problem and what should be done to correct it.
• B)for superiors to communicate expectations to lower level employees.
• C)to administer appropriate disciplinary action.
• D)for financial control of operating activities.

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Definitions:

Commercial

Pertains to commerce or business activity in general; often used to describe advertisements on television or radio.

Government Spending

The total amount of money used by the government to pay for services, infrastructure, public projects, and other governmental functions.

Social Programs

Organized efforts by government, private organizations, or nonprofits to address and improve societal issues and welfare.

Lyndon B. Johnson

The 36th President of the United States, serving from 1963 to 1969, known for his domestic policies, including civil rights, public broadcasting, Medicare, and Medicaid.