Prevo Products Inc

question 75

Multiple Choice

Prevo Products Inc.has a $15 000 unfavourable flexible budget variance for July.If July's actual net income was $300 000,which of the following statements is true?

• A) Prevo's static budget must have showed net income of $315 000.
• B) Prevo's static budget must have showed net income of $285 000.
• C) Prevo's flexible budget must have showed net income of $315 000.
• D) Prevo's flexible budget must have showed net income of $285 000.

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Definitions:

Injury

Physical harm or damage to the body caused by accidents, falls, hits, weapons, or other external forces.

Pain

A distressing feeling often caused by intense or damaging stimuli, such as stubbing a toe or burning a finger.

ACT

A form of psychotherapy known as Acceptance and Commitment Therapy, which encourages individuals to embrace their thoughts and feelings rather than fighting or feeling guilty for them.

Mindfulness

Quality of awareness that is brought about by focusing on the present moment and accepting the thoughts in a nonjudgmental manner.