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:

Resource Mobilization

Resource mobilization refers to the process by which social movements crystallize due to the increasing organizational, material, and other resources of movement members.

Governments

Organizational entities responsible for overseeing the functioning and governance of a nation, state, or community.

Nonroutine Action

Actions that are not typical or customary, often requiring unique or creative approaches to solve problems or address situations.

Values and Norms

Sets of shared beliefs and guidelines in a society that dictate what is considered acceptable and unacceptable behavior.