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

question 69

Multiple Choice

A company is analyzing its month-end results by comparing it to both static and flexible budgets.During the 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:

Population Size

The total number of individuals within a species that occupy a particular geographic area.

Genetic Drift

A mechanism of evolution that causes allele frequencies within a population to change randomly with time due to chance events.

Natural Selection

A process by which species evolve over time as individuals with traits more suited to their environment are more likely to survive and reproduce.

Adaptive Evolution

The process through which populations become better suited to their environment through changes in genetic traits.