Lincoln Corporation Used the Following Data to Evaluate Their Current

question 119

Multiple Choice

Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $19 each and used a budgeted selling price of $19 per unit.

What is the static-budget variance of revenues?

• A) $171,000 favorable
• B) $171,000 unfavorable
• C) $6,000 favorable
• D) $9,000 unfavorable

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Definitions:

Psychographic Characteristics

Attributes of people according to their interests, lifestyle choices, values, attitudes, and opinions.

Audience Analysis

The process of examining and understanding the characteristics, attitudes, and behaviors of the intended audience of a message or campaign.

Empathy

The ability to understand and share the feelings of another individual.

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Virtual teams are groups of individuals who work together across time, space, and organizational boundaries, connected by electronic communication technologies to achieve a common goal.