Which of the Following Statements Is(are)false

question 82

Multiple Choice

Which of the following statements is(are) false?
(A) All variances should be prorated to inventories and cost of goods sold at the end of the accounting period.
(B) If the number of units produced exceeds the number of units sold,the full-absorption operating profit will be lower than variable costing operating profit.

• A) Only A is false.
• B) Only B is false.
• C) Both A and B are false.
• D) Neither A nor B is false.

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Definitions:

Group Work

Collaborative efforts by individuals working together towards a common goal or project, often used in educational and professional settings.

Credential Inflation

The increasing demand for higher educational qualifications for jobs that previously required lower levels of education, contributing to the devaluation of basic educational achievements.

Massification

The process of making services, particularly higher education, accessible to the mass population, leading to increased enrollment and diversity in institutions previously limited to elite groups.

McDonaldization

A term used to describe the spread of bureaucratization and the adoption of fast-food restaurants' principles, such as efficiency, calculability, predictability, and control through non-human technologies, to all spheres of society.