Unfavourable Standard Cost Variances Is an Example of a Performance

question 9

Multiple Choice

Unfavourable standard cost variances is an example of a performance measure in the following group

• A)Financial perspective
• B)Customer perspective
• C)Internal business process perspective
• D)Learning and growth perspective

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Definitions:

Public‐spirited

Exhibiting a selfless concern for the well-being of the community and the willingness to act for the public good.

Air Pollution

The presence of substances in the atmosphere that are harmful to the health of humans and other living beings or cause damage to the climate or materials.

Medical Care

Services provided by healthcare professionals to diagnose, treat, or prevent diseases and injuries in individuals.

Externalities

Costs or benefits that affect a party who did not choose to incur that cost or benefit, often leading to market failure if not properly addressed through regulation or negotiation.