Which of the Following Statements Is(are)true

question 76

Multiple Choice

Which of the following statements is(are) true?
(A) A favorable variance is not necessarily good,and an unfavorable variance is not necessarily bad.
(B) The master budget includes operating budgets (e.g. ,production budget) and financial budgets (e.g. ,cash budget) .

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

Grasp the significance of feedback delivery in a professional setting while maintaining positive relations.

Appreciate the benefits of immediate feedback and the risks associated with different communication methods.

Acknowledge the legal obligations and frameworks surrounding formal communications, such as credit decisions.

Understand the impact of presentation and structuring of refusal to manage the receiver's reaction.

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Definitions:

Cost of Equity

The rate of return a company must offer investors to compensate for the risk of investing in its stock.

Liquidation

Liquidation is the process of winding up a company's operations and selling its assets to pay off debts, ultimately leading to the dissolution of the company.

Business Risk

The possibility that a company will have lower than anticipated profits or experience a loss rather than taking a profit.

Unsystematic Risk

A risk that affects, at most, a small number of assets. Also called unique or asset-specific risks.