Examlex

Solved

Which of the Following Overhead Variances Would Be Useful in Calling

question 27

Multiple Choice

Which of the following overhead variances would be useful in calling attention to a possible short-term problem in the control of overhead costs:
 Spending variance  Volume variance \begin{array} { l l } \text { Spending variance } & \text { Volume variance } \\\end{array}
A.  No  No \begin{array} { l l } &&\text { No } &&&&&&& \text { No } \\\end{array}
B.  No  Yes \begin{array} { l l }&& \text { No } &&&&&&& \text { Yes } \\\end{array}
C. Yes  No \begin{array} { l l } &&\text {Yes } &&&&&&& \text { No } \\\end{array}
D.  Yes  Yes \begin{array} { l l }&& \text { Yes } &&&&&&& \text { Yes }\end{array}


Definitions:

Environmental Regulations

Laws and rules enforced by governments to manage and reduce pollution and to protect natural resources.

Congress

The legislative body of the United States federal government, consisting of two chambers: the House of Representatives and the Senate.

Underground Storage Tanks

Containers located below ground surface, used for storing liquids or gases and subject to environmental regulation.

Environmental Impact Statement

A detailed document required by law that outlines the effects of a proposed project or development on the environment.

Related Questions