Which of the Following Statements Is TRUE

question 169

Multiple Choice

Which of the following statements is TRUE?

• A)A favourable variance always benefits a company.
• B)Managers attempt to maintain unfavourable variances.
• C)Favourable variances are typically not preferred by management.
• D)Only a flexible budget can be used to determine a variance.
• E)A favourable variance is not always beneficial for an organization.

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Definitions:

Technology Expenses

Costs associated with the acquisition, implementation, and maintenance of technology resources within an organization, including hardware, software, and IT services.

Voluntary Action

An act done by choice or without external compulsion, often referring to actions benefiting others or society.

Environmental Needs

The requirements necessary to maintain and improve environmental health and sustainability.

Federal Laws

Laws passed by the national government that are supreme over state laws and apply across the entire country.