Which of the Following People Is Most Likely Responsible for an Unfavorable

question 22

Multiple Choice

Which of the following people is most likely responsible for an unfavorable variable overhead efficiency variance?

• A)production supervisor
• B)accountant
• C)personnel director
• D)supplier

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for financing inventory and accounts receivable.

Coupon Payments

Periodic interest payments made by a bond issuer to its bondholders, usually on an annual or semi-annual basis.

Sold at a Discount

refers to selling something for less than its usual or advertised price, often to encourage quick sales or because the item is slightly damaged or outdated.

Revolving Credit

A credit line allowing the borrower to use, repay, and reuse funds up to a certain limit.