LAWN SPRINKLER SCENARIO Mathew Recently Installed a New Water Sprinkler for His Lawn

question 8

Multiple Choice

LAWN SPRINKLER SCENARIO
Mathew recently installed a new water sprinkler for his lawn. He had to purchase a new sprinkler to replace the old, broken one. The new sprinkler came with an automated sensor that controlled the amount of water as well as pressure depending on the humidity and temperature on a given day. This saved Mathew the hassle of putting on a timer. He no longer worried on his way to work over whether he turned the sprinkler on or not. The sprinkler did the needful automatically.
-Refer to Lawn Sprinkler Scenario.The new sprinkler was easy to use and time-efficient.It also maintained the balance of water and pressure and hence carefully tended the lawn.All these represent the _____ of the sprinkler.

• A) features
• B) benefits
• C) elements
• D) criteria
• E) specifications

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Definitions:

Revenue and Spending Variance

The difference between actual and budgeted figures for both income and expenditures, respectively.

Flexible Budget

A budget that varies with levels of activity or output, allowing organizations to more accurately forecast costs and revenues over various levels of production.

Occupancy Expenses

Expenses related to occupying a space, including rent, utilities, and property insurance.

Spending Variance

The difference between the actual and planned or budgeted amount of spending, indicating over or under spending.