When Are the Following Direct Materials Variances Ideally Reported

question 44

Multiple Choice

When are the following direct materials variances ideally reported?

• A)Option a
• B)Option b
• C)Option c
• D)Option d

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Definitions:

McGregor's Theory X

A management theory suggesting that employees are inherently lazy and need to be closely supervised.

Theory Y

A management concept that assumes employees are self-motivated, seek responsibility, and can solve work problems creatively.

Green Revolution

A period of technology transfer, starting in the 1940s, which significantly increased agriculture production worldwide, particularly in developing countries, through the use of modern farming techniques and technologies.

Human Relations Movement

A management theory focusing on the importance of social factors in the workplace and the well-being of employees, emphasizing that satisfied workers are more productive and efficient.