Which One of the Following Is a More Serious Concern

question 92

Multiple Choice

Which one of the following is a more serious concern in terms of an adverse variance from budget?

• A)a negative variance of $10,000 in budget expenditures
• B)a $10,000 shortfall in value earned on the project to date
• C)a positive variance of $10,000 in budget expenditures
• D)a $10,000 surplus in value earned on the project to date

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Definitions:

Current Flow

The passage of electrons through a conductive material, powering electrical devices.

Combination Circuits

Electrical circuits that contain both series and parallel connections within the same circuit.

Parallel Paths

In electrical circuits, parallel paths refer to configuration where components are connected alongside each other, leading to multiple pathways for current to flow, thus reducing the total resistance of the circuit.

Combination Circuit

A circuit that contains both series and parallel paths.