Which of the Following Contingency Factors Does NOT Affect Structure

question 75

Multiple Choice

Which of the following contingency factors does NOT affect structure?

• A) environment
• B) technology
• C) strategy
• D) leadership

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Definitions:

Significant Variances

Major discrepancies between planned and actual figures in budgets, costing, or any financial metric.

Favorable Cost Variance

A situation where the actual cost of a product or service is less than its budgeted or standard cost.

Direct Materials Price Variance

The difference between the actual cost of direct materials used and the budgeted cost, based on the standard prices.

Direct Materials Quantity Variance

The deviation of the actual direct materials amount utilized in manufacturing from the expected standard amount, times the set cost per unit.