At the End of 20x1, SWP Corporation Prepared Its Master

question 37

Multiple Choice

At the end of 20x1, SWP Corporation prepared its master budget for 20x2. Selected amounts from that budget, along with actual results for 20x2, are presented below:
Which items in the table have favourable variances?

• A)Sales and marketing expense
• B)Cost of goods sold and sales
• C)Sales and research and development expense
• D)Sales and interest revenue

---

Definitions:

Ambivalence

The state of having mixed feelings or contradictory ideas about something or someone.

False Sensory Perceptions

Experiences where individuals perceive things that are not present, often referred to as hallucinations in the context of psychiatric conditions.

Compulsions

Actions or thoughts that an individual is compelled to perform repeatedly, in response to overwhelming obsessions or based on strict rules that must be adhered to.

Delusions

False beliefs held with strong conviction despite superior evidence to the contrary, often occurring in psychiatric conditions.