Use the Following to Answer Questions

question 28

Multiple Choice

Use the following to answer questions
Hurricane, Inc. manufactures hurricane lamps. Selected data regarding standard costs follow:
Selected actual results for the month of August are shown below:

-Which of the following statements about variance analysis is correct?

• A)All variances should be investigated
• B)Favorable price variances should be rewarded
• C)Unfavorable quantity variances are the fault of production
• D)Management should investigate only variances that are relatively large

---

Definitions:

Amygdala

A region of the brain key to processing emotions, particularly fear and pleasure.

Fearless

Lacking fear; having the quality or ability to face danger or unknown situations without succumbing to fear.

Medulla

A part of the brainstem that controls vital life-sustaining functions such as heartbeat, breathing, blood pressure, and digestion.

Neural Wiring

The network of neurons and their connections in the brain which facilitate the transmission of signals and the operation of the nervous system.