Which of the Following Could Be the Cause of a Favourable

question 20

Multiple Choice

Which of the following could be the cause of a favourable materials price variance?

• A)The price of materials in the original budget was set too high.
• B)A discount on the purchase of materials.
• C)Well-trained production workers.
• D)Both A and B.

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Definitions:

Tropical Location

Geographic areas that are situated close to the equator, characterized by warm temperatures year-round and, in many cases, a high level of biodiversity.

Protected Area

A clearly defined geographical space, recognized and managed through legal or other effective means, to achieve the long-term conservation of nature.

Global Warming

The long-term rise in Earth’s average surface temperature, primarily due to human activities like burning fossil fuels, which releases greenhouse gases.

Agricultural Productivity

The measure of the output of agricultural products relative to the inputs used in production.