The Following Is a Summarized Master Budget That Winnipeg Company

question 29

Multiple Choice

The following is a summarized master budget that Winnipeg Company prepared for January:


-What was the total static budget variance for January?

• A) $20,750
• B) $9,000 U.
• C) $29,750
• D) $12,750 U.

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Definitions:

Organizational Commitment

A psychological state that characterizes an employee's relationship with their organization, influencing their decision to continue membership.

Identification with Organization

The psychological bond or alignment that employees feel with their employer or workplace, often reflected in their loyalty and sense of belonging.

Behavioral Consistency

Denotes the degree to which individuals' actions and reactions are predictable over time based on their established traits or patterns.

Emotional Intelligence

The ability to understand, use, and manage one's own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges, and defuse conflict.