Which of the Following Is NOT an Example of Diversification

question 36

Multiple Choice

Which of the following is NOT an example of diversification in financing?

• A) raising funds in more than one market
• B) raising funds in more than one country
• C) diversifying sales
• D) All of the above qualify.

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Definitions:

Direct Materials Price Variance

The difference between the actual cost of direct materials and the expected (or standard) cost, used in manufacturing and budgeting.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit of material.

Total Cost Variance

The overall difference between the actual costs incurred and the standard or budgeted costs, across all categories of expenses.

Variable Factory Overhead

Costs of manufacturing that vary with the level of production output, such as utility costs for machinery.