An Unfavorable Variance Is a Variance That

question 130

Multiple Choice

An unfavorable variance is a variance that

• A)Increases cash relative to the budgeted amount.
• B)Decreases cash relative to the budgeted amount.
• C)Increases operating income relative to the budgeted amount.
• D)Decreases operating income relative to the budgeted amount.

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Definitions:

Foot-in-the-Door Technique

A persuasion strategy where a small request is made first to increase the likelihood of compliance with a larger request later.

Reciprocity Norm

The expectation that people will respond favorably to each other by returning benefits for benefits, and responding with either indifference or hostility to harms.

Self-Perception

An individual's understanding and assessment of their own personality, characteristics, and abilities.

Extrinsic Job Satisfaction

Satisfaction from external job factors such as pay, working conditions, and benefits, rather than the nature of the work itself.