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

question 14

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 costs 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 costs
• B) favorable sales volume variance for variable costs
• C) unfavorable flexible budget variance for variable costs
• D) unfavorable sales volume variance for variable costs

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Definitions:

16 PF

A personality assessment tool consisting of 16 personality factors, used to understand and measure an individual's natural responses.

Big Five Factors

A model describing five broad dimensions of personality: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

16 PF

Refers to the 16 Personality Factor Questionnaire, a psychological assessment tool designed to measure a wide range of personality traits.

16 PF

A personality test that measures 16 primary traits or factors of human personality.