Cost Variances Should Be Investigated When

question 136

Multiple Choice

Cost variances should be investigated when

• A)the results are favourable but within acceptable limits.
• B)costs incurred must be reduced.
• C)expected costs of investigation exceed expected benefits.
• D)the results are unfavourable but within acceptable limits.
• E)the amounts are immaterial.

---

Definitions:

Secularized Curriculum

An educational curriculum that is neutral regarding religious beliefs, focusing instead on non-religious subjects and values.

Self-Fulfilling Prophecy

A forecast that, whether directly or indirectly, ensures its own realization through a positive feedback loop between belief and action.

Speculative Inquiry

The process of exploring or investigating theoretical ideas or principles without immediate concern for practical applications.

Intellectual Curiosity

An intrinsic desire to seek out, engage with, and derive pleasure from cognitive and intellectual challenges.