Variances from Standard Costs Are Usually Reported To

question 77

Multiple Choice

Variances from standard costs are usually reported to:

• A) suppliers
• B) stockholders
• C) management
• D) creditors

---

Definitions:

Technical Skills

Refers to the specific knowledge and abilities required to perform specialized tasks.

Achievement-Oriented

A motivational attitude focusing on setting and accomplishing challenging goals.

Feminine Cultures

Societies or groups where qualities traditionally associated with women, like cooperation and caring, are highly valued.

Low Power Distance

A societal or organizational characteristic where individuals are considered relatively equal and hierarchy is downplayed, promoting open communication and collaboration.