A Company Is Analyzing Its Month-End Results by Comparing It

question 135

Multiple Choice

A company is analyzing its month-end results by comparing it to both static and flexible budgets. During the previous month, the actual variable expenses per unit were lower than the expected variable costs per unit as per the static budget. This difference results in a(n) :

• A)favorable flexible budget variance for variable expenses.
• B)favorable sales volume variance for variable expenses.
• C)unfavorable flexible budget variance for variable expenses.
• D)unfavorable sales volume variance for variable expenses.

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Definitions:

Teleology

An ethical theory that posits the moral value of an action is determined by its outcome, or end result, rather than the action itself.

Deontology

A branch of ethics that judges the morality of actions based on rules, focusing on adherence to duties or obligations.

Ethical Issue Sensitivity

The ability to recognize and respond to moral dilemmas and ethical challenges in various situations.

Deontologists

Scholars or ethicists who follow or advocate for deontological ethics, emphasizing duty, rules, and obligations in moral decision-making.