Which of the Following Is NOT True

question 38

Multiple Choice

Which of the following is NOT true?

• A)The best areas for locating stores are those that generate the highest return on investment in the short term
• B)It is important to examine an area's level and growth of population and employment and how long such growth will continue and how it will affect demand for merchandise sold in its stores
• C)It is important to have the strategic fit of the areas' population with the retailer's target market
• D)It is important to consider local and state legal and regulatory environments affecting operating costs

---

Definitions:

Variable Overhead Efficiency Variance

The difference between the expected and actual variable overhead costs, based on the efficient use of production resources.

Variable Overhead Efficiency Variance

The difference between the budgeted and actual variable overhead costs, attributable to differences in the efficiency of utilizing resources.

Variable Overhead Rate Variance

The discrepancy between the actual incurred variable overhead and the anticipated variable overhead as per standard costing.

Lubricants

Substances that are applied to surfaces to reduce friction and wear between moving parts.