Smithj Kennel Uses Tenant-Days as Its Measure of Activity;an Animal

question 149

Multiple Choice

Smithj Kennel uses tenant-days as its measure of activity;an animal housed in the kennel for one day is counted as one tenant-day.During February,the kennel budgeted for 3,500 tenant-days,but its actual level of activity was 3,490 tenant-days.The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Actual results for February: The overall revenue and spending variance (i.e. ,the variance for net operating income in the revenue and spending variance column on the revenue and spending variances report) for February would be closest to:

• A)$1,055 U
• B)$970 U
• C)$970 F
• D)$1,055 F

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Definitions:

Cultural Controls

Strategies used within organizational culture to guide employee behavior and align it with company goals.

Social Controls

Mechanisms, processes, and institutions that maintain societal norms and standards of behavior.

Workgroup

A collection of individuals who come together to achieve a specific goal, often within a business or organizational context.

Implementation Through Change

The process of putting plans, strategies, or policies into action within an organization through the management and execution of change.