The Term Used to Refer to Persistent Variances (I

question 87

Multiple Choice

The term used to refer to persistent variances (i.e., those that are likely to recur until corrected) is

• A) Systematic variance.
• B) Random variance.
• C) Standard cost variance.
• D) Non-controllable variance.
• E) Flexible-budget variance.

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Definitions:

National Forest

Federally designated areas of public lands managed for conservation, recreation, and extraction of resources like timber.

Grazed Pasture

Land covered with grass and other low plants suitable for livestock animals to feed on, typically managed through controlled grazing.

City

A large human settlement characterized by a significant population, economic activities, and infrastructure.

Metal Mine

A site for extraction of metal-bearing minerals or rock from the earth, typically involving large-scale operations and heavy machinery.