A Favorable Cost Variance of Significant Magnitude

question 16

Multiple Choice

A favorable cost variance of significant magnitude:

• A)is the result of good planning.
• B)may lead to improved production methods if it is investigated.
• C)indicates that management does not need to be concerned about lax standards.
• D)does not need to be investigated.

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Definitions:

Mutates

Refers to the ability of an organism or genetic material to undergo changes or mutations in its DNA sequence.

Oral Candidiasis

A fungal infection in the mouth caused by the overgrowth of Candida yeast, often resulting in white lesions on the tongue or inner cheeks.

Endogenous

Originating from within an organism, system, or process, such as hormones or neurotransmitters that are produced inside the body.

Antiseptic Hand Solution

A disinfecting liquid used to reduce or eliminate germs on the skin, often containing alcohol or other antibacterial agents.