When Would a Variance Be Labeled as Favorable

question 107

Multiple Choice

When would a variance be labeled as favorable?

• A) When actual costs are less than standard costs
• B) When standard costs are equal to actual costs
• C) When standard costs are less than actual costs
• D) When estimated costs are greater than actual costs

---

Definitions:

Abdominal Aorta

The main artery running down the abdomen, supplying blood to the organs and tissues of the abdomen.

Thoracic Aorta

The portion of the aorta passing down through the thorax responsible for supplying oxygenated blood to the chest cage and the organs within the thorax.

Hepatic Artery

The major artery that supplies oxygenated blood to the liver, playing a critical role in liver function and metabolism.

Cystic Artery

A blood vessel that supplies oxygenated blood to the gallbladder.