Which of the Following Statements Is Correct

question 3

Multiple Choice

Which of the following statements is correct?

• A) Random variances are typically large in amount.
• B) Systematic variances are considered uncontrollable.
• C) Most standard cost variances call for investigation and corrective action.
• D) Random variances should typically not be investigated.
• E) Most variances from ideal standards will, by definition, be favorable.

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Definitions:

President's Interaction

Refers to the ways in which the President of a country engages with the public, other branches of government, or international leaders.

Legislation

Laws or legal statutes that have been enacted by a legislative body.

Bill

A proposed piece of legislation that is introduced into a legislative body for consideration.

Anti-federalists

Refers to individuals who opposed the creation of a stronger U.S. federal government and the ratification of the Constitution in 1788, favoring instead stronger state governments.