Which of the Following Does NOT Exemplify Geopolitical Pressures That

question 10

Multiple Choice

Which of the following does NOT exemplify geopolitical pressures that impact organizations?

• A) The terrorist attacks on New York on September 11, 2001
• B) The outbreak of severe acute respiratory syndrome (SARS)
• C) The political instability in Egypt since 2011
• D) The latest management fad, such as big data and data analytics

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Definitions:

Actual Costs

The true amounts spent on goods, services, and other charges, as opposed to estimated or budgeted costs.

Volume Variance

A financial metric that measures the difference between budgeted and actual volume of production or sales, impacting costs or revenues.

Fixed Factory Overhead

The portion of total factory overhead costs that remains constant regardless of the level of production or activity in a manufacturing facility.

Revenue Price Variance

The difference between the planned and actual unit sales price multiplied by the actual units sold.