Where There Is an Insignificant Adverse Variance, Management Is Best

question 72

Multiple Choice

Where there is an insignificant adverse variance, management is best advised to:

• A)ignore it, as the cost of investigation may outweigh the benefit.
• B)investigate immediately and in full detail.
• C)keep the variance under review.
• D)ignore it, as it may be compensated by an insignificant favourable variance.

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Definitions:

Meters

The fundamental unit of length in the metric system, equivalent to 100 centimeters or approximately 39.37 inches.

Curtains

Fabric pieces designed to cover windows, control light, provide privacy, and contribute to a room's aesthetic.

Feet

A unit of measurement equal to 12 inches, used primarily in the United States for measuring length.

Grams

This represents a quantity of mass in the metric system, exactly 1/1000th of a kilogram.