Which of the Following Statements Is Incorrect

question 31

Multiple Choice

Which of the following statements is incorrect?

• A) In deciding whether to investigate a variance,managers should not consider the materiality of the variance.
• B) A material variance is one that will influence stockholders' investment decisions.
• C) The primary advantage of a standard cost system is to price products consistently.
• D) None of these answers is correct.

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Definitions:

Icter

Referring to jaundice, a yellowing of the skin and whites of the eyes caused by high bilirubin levels.

Anhidrosis

A condition characterized by a reduced ability or inability to sweat, which can affect the body’s ability to cool itself.

Avulsion

The forcible separation or tearing away of a body part or tissue.

Forcibly

Using physical strength, power, or violence to make something happen or to make someone do something.