Which of the Following Conditions Normally Would Not Indicate That

question 62

Multiple Choice

Which of the following conditions normally would not indicate that standard costs should be revised?

• A)The engineering department has revised product specifications in responding to customer suggestions.
• B)The company has signed a new union contract that increases the factory wages on average by $2.00 an hour.
• C)Actual costs differed from standard costs for the preceding week.
• D)The world price of raw materials increased.

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Definitions:

Ancient Rock

Rock formations dating back millions of years, often providing information on the Earth's geological and evolutionary history.

Prehistoric Cultural Sites

Locations that provide archaeological evidence of human activity and habitation before recorded history or the advent of written language.

Recent Lava Flows

Molten rock that has erupted from a volcano and solidified on the earth's surface in the recent geological past.

Angular Unconformity

A geological feature where newer layers of sediment or rock rest upon older layers that have been tilted or folded, indicating a significant change in depositional environments.