A Continuous Improvement Budgeted Cost, in Terms of Variances and Standard

question 5

Multiple Choice

A continuous improvement budgeted cost, in terms of variances and standard costs

• A)is held constant regardless of external factors, thus enabling management to isolate internal variance factors.
• B)is successively reduced over succeeding time periods.
• C)ensures that managers will avoid unfavourable materials (or labour)variances that are due to external factors.
• D)is easier to achieve for older, more established production runs, than for new products.
• E)is achieved as easily for older, more established production runs, as for for new products.

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Describing organisms or individuals that share a high degree of genetic similarity, often implying close kinship or common ancestry.

Relatives

Individuals connected by blood, marriage, or adoption, forming a family network.

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