A Significant Unfavourable Variance

question 33

Multiple Choice

A significant unfavourable variance

• A) should be ignored because of materiality.
• B) could not result from careless budgeting.
• C) is the result of proper planning.
• D) should be analyzed, and measures should be taken to correct the situation.

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Definitions:

Position Power

The authority or influence bestowed upon an individual by virtue of their role or rank within an organizational hierarchy.

Photo Opportunity Sheet

A document outlining potential moments or events designed for capturing compelling photographs to support publicity or media coverage.

Media Contacts

Individuals or resources within the media industry—such as journalists, editors, and broadcasters—that public relations professionals interact with to pursue media coverage.

News Release

An official statement issued to newspapers giving information on a particular matter, aiming to generate media coverage or inform the public.