Which of the Following Situations May Lead to a Favorable

question 116

Multiple Choice

Which of the following situations may lead to a favorable direct materials price variance?

• A)The purchasing manager was able to negotiate a lower purchase price for raw materials.
• B)A vendor shipped a greater quantity of raw materials than ordered.
• C)The purchasing manager paid a premium price for a higher quality of raw materials.
• D)Raw materials waste was substantially reduced in the factory.

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Definitions:

Institutional Discrimination

Describes systemic and ingrained policies or practices within establishments that lead to unequal treatment or opportunities for certain groups of people.

Structural Power Relations

The overarching system of power dynamics that exist within a society, organized by structures such as class, race, gender, and economy.

Formal Laws

Established legal rules codified by governing bodies, which are enforced by institutions and are integral to societal regulation.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobe, associated with complex cognitive behavior, personality expression, decision making, and moderating social behavior.